2021 ZAR to MWK Historical Review

YEARLY HIGH

59.4431 MWK

YEARLY LOW

49.8070 MWK

YEARLY AVERAGE

54.1296 MWK

2021 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 59.4431. Conversely, the yearly low was recorded on January 11, dropping to 49.8070.

This high-to-low spread represents a total annual volatility of 9.6361 MWK. From a start-to-finish perspective, comparing the January average rate of 51.1482 to the December average rate of 51.3395, the exchange rate registered a net change of 0.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 59.4431 was up 12.19% compared to the 2020 peak of 52.9829, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,972,157 MWK

2020 Average 2,274,234 MWK

Yearly Trough Low 2,490,351 MWK

Transaction Impact: A difference of 481,806.04 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

58.0561

50.5203

JanuMarcMayJulySeptNove

ZAR 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 54.0783, compared to 54.1809 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1027 points.

H1 Avg (Jan–Jun) 54.0783

H2 Avg (Jul–Dec) 54.1809

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 4.5003 MWK (High: 54.6725 / Low: 50.1722). On the other end, December was the most stable month, with a tight range of 1.6437 MWK (High: 52.2407 / Low: 50.5970).

November Spread (Volatile) ±4.5003

December Spread (Stable) ±1.6437

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 October and November, when the average rate fell by 2.3868 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.3868

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 57.4281) against the same month in 2020 (average: 43.0795), the exchange rate shifted by +14.3486 (+33.31%).

2021 Avg (June) 57.4281

2020 Avg (June) 43.0795

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.8614	49.8070	51.1482
February	53.8469	51.3954	52.6860
March	53.4044	50.3080	52.2337
April	55.7395	53.5448	54.5554
May	58.1229	54.6655	56.4181
June	59.4431	55.3906	57.4281
July	56.9952	54.4930	55.6874
August	56.6082	52.9027	54.9297
September	57.4769	53.7538	55.8102
October	56.6669	53.4527	54.8528
November	54.6725	50.1722	52.4660
December	52.2407	50.5970	51.3395

૨૦૨૫ ZAR થી MWK ઐતિહાસિક સમીક્ષા