YEARLY HIGH
377.6059 MWK
YEARLY LOW
310.7579 MWK
YEARLY AVERAGE
343.5889 MWK

2020 FJD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FJD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 377.6059. Conversely, the yearly low was recorded on March 22, dropping to 310.7579.

This high-to-low spread represents a total annual volatility of 66.8480 MWK. From a start-to-finish perspective, comparing the January average rate of 339.8911 to the December average rate of 372.9665, the exchange rate registered a net change of 9.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 377.6059 was down 5.76% compared to the 2019 peak of 400.6880, 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 1,888,029 MWK
2019 Average 1,703,939 MWK
Yearly Trough Low 1,553,789 MWK
Transaction Impact: A difference of 334,239.84 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

377.8786
318.9336
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 331.4276, compared to 355.7501 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.3225 points.

H1 Avg (Jan–Jun) 331.4276
H2 Avg (Jul–Dec) 355.7501

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 23.3501 MWK (High: 334.1080 / Low: 310.7579). On the other end, February was the most stable month, with a tight range of 6.0927 MWK (High: 336.9203 / Low: 330.8276).

March Spread (Volatile) ±23.3501
February Spread (Stable) ±6.0927

Growth Streaks & Declines

Trends

Between 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 February and March, when the average rate fell by 9.5533 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -9.5533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 372.9665) against the same month in 2019 (average: 338.6001), the exchange rate shifted by +34.3664 (+10.15%).

2020 Avg (December) 372.9665
2019 Avg (December) 338.6001

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 345.1367 336.0177 339.8911
February 336.9203 330.8276 333.5286
March 334.1080 310.7579 323.9752
April 331.4499 319.8887 323.8457
May 333.0576 325.8990 328.6740
June 342.1938 335.8492 338.6512
July 349.7349 339.3626 343.2430
August 355.7628 346.0240 350.4266
September 357.4982 348.4919 352.9668
October 357.4677 351.2881 353.3744
November 367.9753 352.3807 361.5232
December 377.6059 367.3216 372.9665