2021 MWK to NGN Historical Review

YEARLY HIGH

0.5288 NGN

YEARLY LOW

0.4777 NGN

YEARLY AVERAGE

0.5044 NGN

2021 MWK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 0.5288. Conversely, the yearly low was recorded on May 13, dropping to 0.4777.

This high-to-low spread represents a total annual volatility of 0.0511 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5017 to the December average rate of 0.5045, the exchange rate registered a net change of 0.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5288 was down 0.57% compared to the 2020 peak of 0.5318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,644 NGN

2020 Average 2,555 NGN

Yearly Trough Low 2,388 NGN

Transaction Impact: A difference of 255.54 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5165

0.4939

JanuMarcMayJulySeptNove

MWK to NGN 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 0.5033, compared to 0.5056 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0024 points.

H1 Avg (Jan–Jun) 0.5033

H2 Avg (Jul–Dec) 0.5056

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0461 NGN (High: 0.5238 / Low: 0.4777). On the other end, October was the most stable month, with a tight range of 0.0030 NGN (High: 0.5055 / Low: 0.5025).

May Spread (Volatile) ±0.0461

October Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between March and June, 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 June and July, when the average rate fell by 0.0055 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.5012) against the same month in 2020 (average: 0.4957), the exchange rate shifted by +0.0055 (+1.11%).

2021 Avg (February) 0.5012

2020 Avg (February) 0.4957

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5128	0.4894	0.5017
February	0.5288	0.4878	0.5012
March	0.5274	0.4841	0.4958
April	0.5229	0.4789	0.4965
May	0.5238	0.4777	0.5098
June	0.5205	0.5088	0.5146
July	0.5163	0.5062	0.5091
August	0.5090	0.5044	0.5066
September	0.5083	0.5039	0.5061
October	0.5055	0.5025	0.5038
November	0.5060	0.5018	0.5037
December	0.5067	0.5017	0.5045

૨૦૨૫ MWK થી NGN ઐતિહાસિક સમીક્ષા