2021 EUR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 EUR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the EUR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 975.6376. Conversely, the yearly low was recorded on November 24, dropping to 914.1192.
This high-to-low spread represents a total annual volatility of 61.5184 MWK. From a start-to-finish perspective, comparing the January average rate of 940.6057 to the December average rate of 921.5934, the exchange rate registered a net change of -2.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 975.6376 was up 3.02% compared to the 2020 peak of 947.0089, 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 2021.
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 946.5229, compared to 944.5011 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.0217 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 40.1717 MWK (High: 962.4881 / Low: 922.3164). On the other end, December was the most stable month, with a tight range of 8.9006 MWK (High: 925.8396 / Low: 916.9390).
Growth Streaks & Declines
TrendsBetween March and May, 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 October and November, when the average rate fell by 15.8181 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 963.0434) against the same month in 2020 (average: 804.6714), the exchange rate shifted by +158.3720 (+19.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 950.5452 | 931.6047 | 940.6057 |
| February | 950.0874 | 922.5350 | 940.9422 |
| March | 942.8828 | 919.8464 | 931.2460 |
| April | 962.4881 | 922.3164 | 941.2954 |
| May | 975.6376 | 951.3565 | 963.0434 |
| June | 974.4734 | 943.1478 | 962.0045 |
| July | 966.8633 | 943.6834 | 955.2954 |
| August | 964.7452 | 948.1527 | 956.1546 |
| September | 965.9702 | 943.9825 | 957.3253 |
| October | 952.7099 | 940.7335 | 946.2281 |
| November | 946.9315 | 914.1192 | 930.4100 |
| December | 925.8396 | 916.9390 | 921.5934 |