YEARLY HIGH
32.3527 MWK
YEARLY LOW
26.3701 MWK
YEARLY AVERAGE
30.4378 MWK

2017 ETB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 32.3527. Conversely, the yearly low was recorded on December 18, dropping to 26.3701.

This high-to-low spread represents a total annual volatility of 5.9826 MWK. From a start-to-finish perspective, comparing the January average rate of 32.1319 to the December average rate of 26.5225, the exchange rate registered a net change of -17.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 32.3527 was down 8.62% compared to the 2016 peak of 35.4059, 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 161,764 MWK
2016 Average 162,632 MWK
Yearly Trough Low 131,851 MWK
Transaction Impact: A difference of 29,913.07 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

32.6928
25.9615
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 31.8013, compared to 29.0743 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.7270 points.

H1 Avg (Jan–Jun) 31.8013
H2 Avg (Jul–Dec) 29.0743

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 4.3707 MWK (High: 30.9090 / Low: 26.5383). On the other end, November was the most stable month, with a tight range of 0.3088 MWK (High: 26.6978 / Low: 26.3890).

October Spread (Volatile) ±4.3707
November Spread (Stable) ±0.3088

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.6922 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -2.6922

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2017: 32.1319) against the same month in 2016 (average: 32.4567), the exchange rate shifted by -0.3248 (-1.00%).

2017 Avg (January) 32.1319
2016 Avg (January) 32.4567

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 32.3527 31.8721 32.1319
February 32.2253 31.7585 31.9924
March 32.2684 31.4863 31.8967
April 32.0043 31.5446 31.7835
May 31.7647 31.2932 31.5518
June 31.6761 31.2722 31.4512
July 31.6611 30.9337 31.2124
August 31.3164 30.8406 31.0932
September 31.1156 30.6933 30.8750
October 30.9090 26.5383 28.1829
November 26.6978 26.3890 26.5597
December 26.7771 26.3701 26.5225