2018 ETB to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ETB to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 29.0016. Conversely, the yearly low was recorded on December 1, dropping to 25.8211.
This high-to-low spread represents a total annual volatility of 3.1804 MWK. From a start-to-finish perspective, comparing the January average rate of 26.4181 to the December average rate of 26.5367, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 29.0016 was down 10.36% compared to the 2017 peak of 32.3527, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 26.5056, compared to 26.2387 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2669 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 3.0163 MWK (High: 29.0016 / Low: 25.9853). On the other end, March was the most stable month, with a tight range of 0.1826 MWK (High: 26.4878 / Low: 26.3052).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.9001 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 27.2427) against the same month in 2017 (average: 31.4512), the exchange rate shifted by -4.2085 (-13.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 26.5763 | 26.2099 | 26.4181 |
| February | 26.4917 | 26.2887 | 26.3789 |
| March | 26.4878 | 26.3052 | 26.3709 |
| April | 26.8520 | 26.2628 | 26.4085 |
| May | 27.2117 | 26.1281 | 26.2145 |
| June | 29.0016 | 25.9853 | 27.2427 |
| July | 26.5636 | 26.1563 | 26.3427 |
| August | 26.4500 | 26.1896 | 26.2903 |
| September | 26.4116 | 26.0062 | 26.2230 |
| October | 26.3084 | 25.8768 | 26.0756 |
| November | 26.1355 | 25.8360 | 25.9638 |
| December | 27.7354 | 25.8211 | 26.5367 |