2020 GTQ to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GTQ to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GTQ to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 98.9204. Conversely, the yearly low was recorded on March 26, dropping to 92.7995.
This high-to-low spread represents a total annual volatility of 6.1209 MWK. From a start-to-finish perspective, comparing the January average rate of 95.6368 to the December average rate of 98.2771, the exchange rate registered a net change of 2.76% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 98.9204 was down 3.50% compared to the 2019 peak of 102.5033, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GTQ based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
GTQ 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 95.7357, compared to 96.9812 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2456 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 3.9186 MWK (High: 96.7182 / Low: 92.7995). On the other end, September was the most stable month, with a tight range of 0.5923 MWK (High: 96.9763 / Low: 96.3839).
Growth Streaks & Declines
TrendsBetween September and December, 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 0.3585 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 98.2771) against the same month in 2019 (average: 95.4196), the exchange rate shifted by +2.8575 (+2.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 96.1886 | 95.2109 | 95.6368 |
| February | 96.7182 | 95.4906 | 96.0935 |
| March | 96.7182 | 92.7995 | 95.7350 |
| April | 95.7812 | 94.9927 | 95.4687 |
| May | 95.9983 | 95.2314 | 95.6396 |
| June | 96.3602 | 95.4484 | 95.8403 |
| July | 96.2648 | 95.4521 | 95.7429 |
| August | 97.3954 | 95.8924 | 96.7963 |
| September | 96.9763 | 96.3839 | 96.6463 |
| October | 97.3203 | 96.3226 | 96.8704 |
| November | 97.9808 | 96.6720 | 97.5545 |
| December | 98.9204 | 97.5907 | 98.2771 |