2015 ETB to MWK Historical Review

YEARLY HIGH

31.3136 MWK

YEARLY LOW

21.0189 MWK

YEARLY AVERAGE

24.0503 MWK

2015 ETB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 31.3136. Conversely, the yearly low was recorded on June 21, dropping to 21.0189.

This high-to-low spread represents a total annual volatility of 10.2947 MWK. From a start-to-finish perspective, comparing the January average rate of 22.8211 to the December average rate of 29.4748, the exchange rate registered a net change of 29.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 31.3136 was up 27.24% compared to the 2014 peak of 24.6091, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 156,568 MWK

2014 Average 106,486 MWK

Yearly Trough Low 105,095 MWK

Transaction Impact: A difference of 51,473.45 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

30.2929

20.4758

JanuMarcMayJulySeptNove

ETB to MWK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 21.8680, compared to 26.2326 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.3646 points.

H1 Avg (Jan–Jun) 21.8680

H2 Avg (Jul–Dec) 26.2326

Volatility Range Comparison

Volatility

The most volatile month in 2015 was August, with a trading range of 4.5608 MWK (High: 26.7355 / Low: 22.1747). On the other end, September was the most stable month, with a tight range of 0.3599 MWK (High: 26.9853 / Low: 26.6254).

August Spread (Volatile) ±4.5608

September Spread (Stable) ±0.3599

Growth Streaks & Declines

Trends

Between June and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6942 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6942

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 29.4748) against the same month in 2014 (average: 23.8390), the exchange rate shifted by +5.6358 (+23.64%).

2015 Avg (December) 29.4748

2014 Avg (December) 23.8390

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	23.2826	22.4699	22.8211
February	22.6567	21.4453	22.1269
March	22.1323	21.4797	21.7507
April	21.8773	21.4656	21.7167
May	21.7815	21.3547	21.4988
June	21.6572	21.0189	21.2939
July	22.6314	21.1985	21.8812
August	26.7355	22.1747	25.4807
September	26.9853	26.6254	26.7931
October	26.6304	26.1593	26.3910
November	28.4490	26.4535	27.3747
December	31.3136	28.1430	29.4748