YEARLY HIGH
28.1115 MWK
YEARLY LOW
22.9384 MWK
YEARLY AVERAGE
25.1580 MWK

2019 ETB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 28.1115. Conversely, the yearly low was recorded on December 14, dropping to 22.9384.

This high-to-low spread represents a total annual volatility of 5.1731 MWK. From a start-to-finish perspective, comparing the January average rate of 25.7902 to the December average rate of 23.3083, the exchange rate registered a net change of -9.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 28.1115 was down 3.07% compared to the 2018 peak of 29.0016, 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 140,557 MWK
2018 Average 131,856 MWK
Yearly Trough Low 114,692 MWK
Transaction Impact: A difference of 25,865.53 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

26.4216
23.0253
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 25.5423, compared to 24.7736 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7687 points.

H1 Avg (Jan–Jun) 25.5423
H2 Avg (Jul–Dec) 24.7736

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 2.7386 MWK (High: 28.1115 / Low: 25.3729). On the other end, February was the most stable month, with a tight range of 0.3214 MWK (High: 25.7839 / Low: 25.4625).

January Spread (Volatile) ±2.7386
February Spread (Stable) ±0.3214

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.2114 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.2114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 25.7902) against the same month in 2018 (average: 26.4181), the exchange rate shifted by -0.6279 (-2.38%).

2019 Avg (January) 25.7902
2018 Avg (January) 26.4181

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 28.1115 25.3729 25.7902
February 25.7839 25.4625 25.5884
March 25.7044 25.2344 25.4369
April 25.6517 25.0722 25.2794
May 25.5195 24.7423 25.0744
June 27.2800 24.7423 26.0847
July 26.5237 25.6348 26.1386
August 25.9272 24.5592 25.1164
September 25.2266 24.4080 24.7681
October 25.0309 24.5909 24.7906
November 24.9507 23.9379 24.5198
December 23.9083 22.9384 23.3083