YEARLY HIGH
8.8255 MWK
YEARLY LOW
8.2522 MWK
YEARLY AVERAGE
8.5432 MWK

2021 CVE to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 1, valuing the pair at 8.8255. Conversely, the yearly low was recorded on November 24, dropping to 8.2522.

This high-to-low spread represents a total annual volatility of 0.5733 MWK. From a start-to-finish perspective, comparing the January average rate of 8.4983 to the December average rate of 8.3182, the exchange rate registered a net change of -2.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.8255 was up 3.22% compared to the 2020 peak of 8.5498, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 CVE based on timing:

Yearly Peak High 44,127 MWK
2020 Average 38,331 MWK
Yearly Trough Low 41,261 MWK
Transaction Impact: A difference of 2,866.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.7296
8.2808
JanuMarcMayJulySeptNove

CVE 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 8.5465, compared to 8.5399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 8.5465
H2 Avg (Jul–Dec) 8.5399

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.4165 MWK (High: 8.8255 / Low: 8.4090). On the other end, December was the most stable month, with a tight range of 0.0873 MWK (High: 8.3630 / Low: 8.2757).

June Spread (Volatile) ±0.4165
December Spread (Stable) ±0.0873

Growth Streaks & Declines

Trends

Between March and May, 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 October and November, when the average rate fell by 0.1349 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 8.6896) against the same month in 2020 (average: 7.4952), the exchange rate shifted by +1.1944 (+15.94%).

2021 Avg (June) 8.6896
2020 Avg (June) 7.4952

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.5780 8.4299 8.4983
February 8.5505 8.3360 8.4970
March 8.5188 8.3177 8.4072
April 8.6777 8.3335 8.4948
May 8.8218 8.5285 8.6922
June 8.8255 8.4090 8.6896
July 8.7193 8.5176 8.6229
August 8.7372 8.5664 8.6623
September 8.7356 8.5445 8.6622
October 8.6105 8.5164 8.5545
November 8.5509 8.2522 8.4195
December 8.3630 8.2757 8.3182