YEARLY HIGH
101.1381 MWK
YEARLY LOW
91.4115 MWK
YEARLY AVERAGE
93.7107 MWK

2019 HKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the HKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 101.1381. Conversely, the yearly low was recorded on May 21, dropping to 91.4115.

This high-to-low spread represents a total annual volatility of 9.7266 MWK. From a start-to-finish perspective, comparing the January average rate of 93.2721 to the December average rate of 94.0124, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 101.1381 was down 0.62% compared to the 2018 peak of 101.7710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 2,528,452 MWK
2018 Average 2,327,443 MWK
Yearly Trough Low 2,285,288 MWK
Transaction Impact: A difference of 243,164.14 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

97.3811
91.8310
JanuMarcMayJulySeptNove

HKD 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 93.3653, compared to 94.0562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.6909 points.

H1 Avg (Jan–Jun) 93.3653
H2 Avg (Jul–Dec) 94.0562

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 8.9841 MWK (High: 101.1381 / Low: 92.1540). On the other end, February was the most stable month, with a tight range of 0.2374 MWK (High: 92.9830 / Low: 92.7456).

January Spread (Volatile) ±8.9841
February Spread (Stable) ±0.2374

Growth Streaks & Declines

Trends

Between 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 July and August, when the average rate fell by 3.4973 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.4973

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 93.2721) against the same month in 2018 (average: 92.7476), the exchange rate shifted by +0.5245 (+0.57%).

2019 Avg (January) 93.2721
2018 Avg (January) 92.7476

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.1381 92.1540 93.2721
February 92.9830 92.7456 92.8412
March 92.8833 92.1227 92.4952
April 93.6359 92.1976 92.7890
May 93.8202 91.4115 92.2935
June 100.7198 91.8455 96.5006
July 97.9061 94.7347 96.9186
August 97.6123 91.8110 93.4213
September 94.5172 91.7157 92.8698
October 93.7586 92.9793 93.4188
November 94.0726 93.2838 93.6961
December 95.0819 92.5919 94.0124