2021 FKP to MWK Historical Review

YEARLY HIGH

1135.3601 MWK

YEARLY LOW

1045.2561 MWK

YEARLY AVERAGE

1099.6600 MWK

2021 FKP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 1135.3601. Conversely, the yearly low was recorded on January 11, dropping to 1045.2561.

This high-to-low spread represents a total annual volatility of 90.1039 MWK. From a start-to-finish perspective, comparing the January average rate of 1054.7030 to the December average rate of 1084.8799, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1135.3601 was up 7.79% compared to the 2020 peak of 1053.3077, 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 5,676,800 MWK

2020 Average 4,777,920 MWK

Yearly Trough Low 5,226,281 MWK

Transaction Impact: A difference of 450,519.69 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1127.2591

1048.1070

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 1090.5924, compared to 1108.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1352 points.

H1 Avg (Jan–Jun) 1090.5924

H2 Avg (Jul–Dec) 1108.7276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 50.4709 MWK (High: 1104.4290 / Low: 1053.9581). On the other end, March was the most stable month, with a tight range of 16.8120 MWK (High: 1093.8204 / Low: 1077.0084).

February Spread (Volatile) ±50.4709

March Spread (Stable) ±16.8120

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 19.9037 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -19.9037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1115.9184) against the same month in 2020 (average: 933.6261), the exchange rate shifted by +182.2923 (+19.53%).

2021 Avg (July) 1115.9184

2020 Avg (July) 933.6261

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1065.5838	1045.2561	1054.7030
February	1104.4290	1053.9581	1079.4353
March	1093.8204	1077.0084	1084.5265
April	1106.9520	1073.1916	1088.7243
May	1134.6449	1094.8459	1116.1157
June	1133.5807	1097.2161	1120.0494
July	1135.3601	1100.9035	1115.9184
August	1132.1749	1104.3565	1120.6631
September	1126.8422	1095.2285	1117.5511
October	1128.6157	1103.9172	1116.6283
November	1116.4370	1085.9224	1096.7246
December	1101.4647	1074.5249	1084.8799