YEARLY HIGH
353.8551 MWK
YEARLY LOW
307.5296 MWK
YEARLY AVERAGE
340.6191 MWK

2016 FJD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the FJD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 22, valuing the pair at 353.8551. Conversely, the yearly low was recorded on January 6, dropping to 307.5296.

This high-to-low spread represents a total annual volatility of 46.3255 MWK. From a start-to-finish perspective, comparing the January average rate of 320.1697 to the December average rate of 343.8730, the exchange rate registered a net change of 7.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 353.8551 was up 13.61% compared to the 2015 peak of 311.4560, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 FJD based on timing:

Yearly Peak High 1,769,275 MWK
2015 Average 1,190,543 MWK
Yearly Trough Low 1,537,648 MWK
Transaction Impact: A difference of 231,627.52 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

353.8511
317.1078
JanuMarcMayJulySeptNove

FJD 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 333.4468, compared to 347.7913 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.3445 points.

H1 Avg (Jan–Jun) 333.4468
H2 Avg (Jul–Dec) 347.7913

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 32.0448 MWK (High: 339.5743 / Low: 307.5296). On the other end, September was the most stable month, with a tight range of 4.0460 MWK (High: 352.5754 / Low: 348.5294).

January Spread (Volatile) ±32.0448
September Spread (Stable) ±4.0460

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 12.3727 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -12.3727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 346.4477) against the same month in 2015 (average: 220.3071), the exchange rate shifted by +126.1406 (+57.26%).

2016 Avg (February) 346.4477
2015 Avg (February) 220.3071

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 339.5743 307.5296 320.1697
February 353.8551 332.9577 346.4477
March 350.5178 324.4769 334.0750
April 334.5390 323.0927 329.3871
May 334.3630 324.8135 331.2294
June 344.9020 329.6878 339.3719
July 348.9656 340.1718 345.9836
August 352.5548 346.5961 350.2810
September 352.5754 348.5294 350.7891
October 352.1556 346.4698 348.9045
November 352.5768 342.0452 346.9166
December 349.2221 335.9076 343.8730