2016 FKP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 1082.8287. Conversely, the yearly low was recorded on October 27, dropping to 875.1987.
This high-to-low spread represents a total annual volatility of 207.6300 MWK. From a start-to-finish perspective, comparing the January average rate of 993.0509 to the December average rate of 902.3742, the exchange rate registered a net change of -9.13% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1082.8287 was up 10.67% compared to the 2015 peak of 978.4190, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP 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 1006.0439, compared to 918.1834 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 87.8605 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 121.7005 MWK (High: 1061.8565 / Low: 940.1560). On the other end, November was the most stable month, with a tight range of 27.6267 MWK (High: 905.8939 / Low: 878.2672).
Growth Streaks & Declines
TrendsBetween July and September, 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 June and July, when the average rate fell by 64.0413 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 1058.0645) against the same month in 2015 (average: 689.1316), the exchange rate shifted by +368.9329 (+53.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1043.7236 | 966.2994 | 993.0509 |
| February | 1082.8287 | 1037.7136 | 1058.0645 |
| March | 1046.7055 | 959.9534 | 998.0950 |
| April | 1006.8929 | 951.9101 | 974.2990 |
| May | 1036.8535 | 985.1222 | 1009.9957 |
| June | 1061.8565 | 940.1560 | 1002.7582 |
| July | 952.3984 | 913.6965 | 938.7170 |
| August | 958.4634 | 925.8408 | 940.1679 |
| September | 963.8658 | 930.6764 | 945.2114 |
| October | 931.5254 | 875.1987 | 886.8912 |
| November | 905.8939 | 878.2672 | 895.7387 |
| December | 923.3062 | 879.9257 | 902.3742 |