2019 GHS to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GHS to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GHS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 162.2165. Conversely, the yearly low was recorded on May 19, dropping to 49.5274.
This high-to-low spread represents a total annual volatility of 112.6892 MWK. From a start-to-finish perspective, comparing the January average rate of 149.2599 to the December average rate of 128.7717, the exchange rate registered a net change of -13.73% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 162.2165 was down 4.28% compared to the 2018 peak of 169.4624, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GHS 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 139.8259, compared to 133.9550 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.8708 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was May, with a trading range of 92.9648 MWK (High: 142.4922 / Low: 49.5274). On the other end, November was the most stable month, with a tight range of 3.0114 MWK (High: 133.6017 / Low: 130.5903).
Growth Streaks & Declines
TrendsBetween May and July, 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 January and February, when the average rate fell by 10.6858 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 149.2599) against the same month in 2018 (average: 159.7121), the exchange rate shifted by -10.4522 (-6.54%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 162.2165 | 145.2223 | 149.2599 |
| February | 146.6090 | 132.4609 | 138.5741 |
| March | 142.9894 | 128.8256 | 134.0279 |
| April | 143.3280 | 133.5674 | 140.5836 |
| May | 142.4922 | 49.5274 | 136.5112 |
| June | 147.3054 | 133.6556 | 139.9985 |
| July | 142.8889 | 137.4908 | 140.4830 |
| August | 140.0732 | 132.6828 | 135.0653 |
| September | 135.6450 | 130.5459 | 132.7269 |
| October | 136.2634 | 133.0126 | 134.3680 |
| November | 133.6017 | 130.5903 | 132.3152 |
| December | 130.3978 | 127.3462 | 128.7717 |