YEARLY HIGH
1053.3077 MWK
YEARLY LOW
846.2168 MWK
YEARLY AVERAGE
955.5386 MWK

2020 FKP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 1053.3077. Conversely, the yearly low was recorded on March 19, dropping to 846.2168.

This high-to-low spread represents a total annual volatility of 207.0909 MWK. From a start-to-finish perspective, comparing the January average rate of 962.6766 to the December average rate of 1031.5847, the exchange rate registered a net change of 7.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1053.3077 was up 5.05% compared to the 2019 peak of 1002.6434, 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 5,266,538 MWK
2019 Average 4,688,396 MWK
Yearly Trough Low 4,231,084 MWK
Transaction Impact: A difference of 1,035,454.74 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1044.2121
892.6834
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 927.9899, compared to 983.0873 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 55.0973 points.

H1 Avg (Jan–Jun) 927.9899
H2 Avg (Jul–Dec) 983.0873

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 119.2284 MWK (High: 965.4451 / Low: 846.2168). On the other end, October was the most stable month, with a tight range of 22.6481 MWK (High: 989.9229 / Low: 967.2748).

March Spread (Volatile) ±119.2284
October Spread (Stable) ±22.6481

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 41.3499 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -41.3499

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1031.5847) against the same month in 2019 (average: 962.0332), the exchange rate shifted by +69.5515 (+7.23%).

2020 Avg (December) 1031.5847
2019 Avg (December) 962.0332

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 980.8870 955.6067 962.6766
February 970.7043 940.7507 952.4499
March 965.4451 846.2168 911.0999
April 930.0265 899.9156 913.4902
May 918.8970 889.8885 905.3108
June 938.5584 907.4231 922.9122
July 971.3345 917.5205 933.6261
August 1000.7478 964.5861 979.6963
September 1002.6372 956.7587 970.7902
October 989.9229 967.2748 978.3300
November 1018.2663 974.0315 1004.4962
December 1053.3077 1011.7509 1031.5847