2020 EUR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 EUR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the EUR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 947.0089. Conversely, the yearly low was recorded on March 19, dropping to 784.6416.
This high-to-low spread represents a total annual volatility of 162.3673 MWK. From a start-to-finish perspective, comparing the January average rate of 817.4816 to the December average rate of 933.7465, the exchange rate registered a net change of 14.22% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 947.0089 was up 5.64% compared to the 2019 peak of 896.4460, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 EUR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
EUR 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 811.4961, compared to 888.5753 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 77.0792 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 54.7870 MWK (High: 839.4286 / Low: 784.6416). On the other end, April was the most stable month, with a tight range of 16.6996 MWK (High: 809.1235 / Low: 792.4239).
Growth Streaks & Declines
TrendsBetween April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 15.6712 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 933.7465) against the same month in 2019 (average: 815.3173), the exchange rate shifted by +118.4292 (+14.53%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 830.4055 | 809.3503 | 817.4816 |
| February | 816.6483 | 790.6268 | 801.8104 |
| March | 839.4286 | 784.6416 | 815.2654 |
| April | 809.1235 | 792.4239 | 799.7958 |
| May | 820.2166 | 794.1488 | 804.6714 |
| June | 838.8541 | 821.4585 | 829.9518 |
| July | 878.9408 | 826.5076 | 844.5916 |
| August | 892.9774 | 867.3065 | 882.1168 |
| September | 892.1048 | 873.4843 | 883.5481 |
| October | 895.6184 | 878.7789 | 887.0841 |
| November | 915.2272 | 877.5060 | 900.3648 |
| December | 947.0089 | 922.0591 | 933.7465 |