YEARLY HIGH
395.1105 MWK
YEARLY LOW
375.4025 MWK
YEARLY AVERAGE
386.4649 MWK

2021 FJD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FJD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 395.1105. Conversely, the yearly low was recorded on February 4, dropping to 375.4025.

This high-to-low spread represents a total annual volatility of 19.7080 MWK. From a start-to-finish perspective, comparing the January average rate of 379.6769 to the December average rate of 382.7675, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 395.1105 was up 4.64% compared to the 2020 peak of 377.6059, 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 1,975,553 MWK
2020 Average 1,718,183 MWK
Yearly Trough Low 1,877,012 MWK
Transaction Impact: A difference of 98,540.23 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

391.3638
378.6145
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 384.9895, compared to 387.9403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.9508 points.

H1 Avg (Jan–Jun) 384.9895
H2 Avg (Jul–Dec) 387.9403

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 14.5838 MWK (High: 389.9863 / Low: 375.4025). On the other end, December was the most stable month, with a tight range of 4.8965 MWK (High: 385.0973 / Low: 380.2008).

February Spread (Volatile) ±14.5838
December Spread (Stable) ±4.8965

Growth Streaks & Declines

Trends

Between 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 November and December, when the average rate fell by 5.6482 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -5.6482

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 390.2932) against the same month in 2020 (average: 353.3744), the exchange rate shifted by +36.9187 (+10.45%).

2021 Avg (October) 390.2932
2020 Avg (October) 353.3744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 383.7000 376.8668 379.6769
February 389.9863 375.4025 383.3587
March 386.8920 378.2586 382.6357
April 391.8228 378.0611 384.1542
May 393.9698 387.9028 390.3014
June 393.2864 385.0065 389.8103
July 391.2113 383.2927 388.2501
August 393.4674 382.2469 388.1751
September 392.5766 384.9676 389.7403
October 395.1105 384.3433 390.2932
November 394.6916 382.9668 388.4156
December 385.0973 380.2008 382.7675