2020 GMD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GMD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GMD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 14.9189. Conversely, the yearly low was recorded on July 13, dropping to 14.1824.
This high-to-low spread represents a total annual volatility of 0.7365 MWK. From a start-to-finish perspective, comparing the January average rate of 14.3851 to the December average rate of 14.8201, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 14.9189 was down 7.00% compared to the 2019 peak of 16.0412, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GMD 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 14.3823, compared to 14.5294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1471 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 0.2197 MWK (High: 14.7826 / Low: 14.5629). On the other end, January was the most stable month, with a tight range of 0.1323 MWK (High: 14.4425 / Low: 14.3103).
Growth Streaks & Declines
TrendsBetween July and December, 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 April and May, when the average rate fell by 0.0951 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 14.8201) against the same month in 2019 (average: 14.2939), the exchange rate shifted by +0.5262 (+3.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.4425 | 14.3103 | 14.3851 |
| February | 14.4849 | 14.2857 | 14.3927 |
| March | 14.5272 | 14.3364 | 14.4562 |
| April | 14.4983 | 14.3584 | 14.4311 |
| May | 14.4321 | 14.2743 | 14.3360 |
| June | 14.3689 | 14.2360 | 14.2930 |
| July | 14.3304 | 14.1824 | 14.2402 |
| August | 14.4804 | 14.2678 | 14.3901 |
| September | 14.5528 | 14.3858 | 14.4807 |
| October | 14.6431 | 14.4928 | 14.5649 |
| November | 14.7826 | 14.5629 | 14.6806 |
| December | 14.9189 | 14.7294 | 14.8201 |