YEARLY HIGH
1068.7032 MWK
YEARLY LOW
923.1253 MWK
YEARLY AVERAGE
974.2339 MWK

2018 FKP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 1068.7032. Conversely, the yearly low was recorded on August 15, dropping to 923.1253.

This high-to-low spread represents a total annual volatility of 145.5779 MWK. From a start-to-finish perspective, comparing the January average rate of 1002.2361 to the December average rate of 947.9875, the exchange rate registered a net change of -5.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 1068.7032 was up 8.38% compared to the 2017 peak of 986.0704, 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 5,343,516 MWK
2017 Average 4,675,932 MWK
Yearly Trough Low 4,615,626 MWK
Transaction Impact: A difference of 727,889.70 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1028.9113
926.5956
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 1003.0911, compared to 945.3766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 57.7146 points.

H1 Avg (Jan–Jun) 1003.0911
H2 Avg (Jul–Dec) 945.3766

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 118.2185 MWK (High: 1068.7032 / Low: 950.4847). On the other end, July was the most stable month, with a tight range of 19.6358 MWK (High: 965.5619 / Low: 945.9261).

June Spread (Volatile) ±118.2185
July Spread (Stable) ±19.6358

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 49.0533 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -49.0533

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 998.0909) against the same month in 2017 (average: 929.5906), the exchange rate shifted by +68.5002 (+7.37%).

2018 Avg (June) 998.0909
2017 Avg (June) 929.5906

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1031.9464 978.7618 1002.2361
February 1034.6255 997.5159 1013.4377
March 1031.9299 998.8194 1013.0654
April 1042.4316 994.8792 1020.3850
May 1020.7205 954.1515 971.3317
June 1068.7032 950.4847 998.0909
July 965.5619 945.9261 956.9022
August 953.6110 923.1253 935.1219
September 964.7822 935.1676 948.1955
October 962.5258 924.2119 946.3250
November 954.8216 926.5355 937.7274
December 997.8155 923.9097 947.9875