YEARLY HIGH
986.0704 MWK
YEARLY LOW
870.1917 MWK
YEARLY AVERAGE
935.0312 MWK

2017 FKP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 986.0704. Conversely, the yearly low was recorded on January 16, dropping to 870.1917.

This high-to-low spread represents a total annual volatility of 115.8788 MWK. From a start-to-finish perspective, comparing the January average rate of 895.2284 to the December average rate of 972.6788, the exchange rate registered a net change of 8.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 986.0704 was down 8.94% compared to the 2016 peak of 1082.8287, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,930,352 MWK
2016 Average 4,808,363 MWK
Yearly Trough Low 4,350,958 MWK
Transaction Impact: A difference of 579,393.76 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

980.4590
887.0973
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 913.4601, compared to 956.6023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 43.1422 points.

H1 Avg (Jan–Jun) 913.4601
H2 Avg (Jul–Dec) 956.6023

Volatility Range Comparison

Volatility

The most volatile month in 2017 was September, with a trading range of 48.9400 MWK (High: 986.0704 / Low: 937.1304). On the other end, December was the most stable month, with a tight range of 15.2338 MWK (High: 980.9189 / Low: 965.6851).

September Spread (Volatile) ±48.9400
December Spread (Stable) ±15.2338

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 February and March, when the average rate fell by 10.1158 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.1158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 966.6177) against the same month in 2016 (average: 945.2114), the exchange rate shifted by +21.4063 (+2.26%).

2017 Avg (September) 966.6177
2016 Avg (September) 945.2114

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 918.9775 870.1917 895.2284
February 920.8239 898.1618 904.9933
March 913.3099 875.2835 894.8775
April 943.4828 898.1581 918.3425
May 946.4848 929.8606 937.7283
June 944.5654 916.0689 929.5906
July 959.4539 932.1264 943.2992
August 960.9562 927.5520 939.9202
September 986.0704 937.1304 966.6177
October 977.8476 947.5702 958.0886
November 982.4463 946.3705 959.0095
December 980.9189 965.6851 972.6788