YEARLY HIGH
587.7341 MWK
YEARLY LOW
546.0101 MWK
YEARLY AVERAGE
565.3199 MWK

2021 NZD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NZD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 587.7341. Conversely, the yearly low was recorded on March 25, dropping to 546.0101.

This high-to-low spread represents a total annual volatility of 41.7240 MWK. From a start-to-finish perspective, comparing the January average rate of 555.4774 to the December average rate of 553.1233, the exchange rate registered a net change of -0.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 587.7341 was up 5.80% compared to the 2020 peak of 555.5115, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,938,670 MWK
2020 Average 2,422,017 MWK
Yearly Trough Low 2,730,051 MWK
Transaction Impact: A difference of 208,619.85 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

578.0148
550.8604
JanuMarcMayJulySeptNove

NZD 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 563.0014, compared to 567.6384 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6371 points.

H1 Avg (Jan–Jun) 563.0014
H2 Avg (Jul–Dec) 567.6384

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 29.2720 MWK (High: 581.0610 / Low: 551.7890). On the other end, December was the most stable month, with a tight range of 11.0976 MWK (High: 557.3290 / Low: 546.2314).

February Spread (Volatile) ±29.2720
December Spread (Stable) ±11.0976

Growth Streaks & Declines

Trends

Between July and October, 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 November and December, when the average rate fell by 18.5564 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -18.5564

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 575.7520) against the same month in 2020 (average: 500.4285), the exchange rate shifted by +75.3234 (+15.05%).

2021 Avg (October) 575.7520
2020 Avg (October) 500.4285

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 562.7415 548.5895 555.4774
February 581.0610 551.7890 563.7279
March 568.9500 546.0101 558.1577
April 576.6465 550.7011 560.4025
May 580.6732 566.6929 572.8690
June 578.4564 551.3723 567.3739
July 571.0638 559.1627 564.4713
August 572.6570 553.6374 566.7386
September 581.2409 560.4601 574.0658
October 587.7341 563.1853 575.7520
November 585.8791 556.8282 571.6797
December 557.3290 546.2314 553.1233