2020 HKD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HKD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 99.6524. Conversely, the yearly low was recorded on February 15, dropping to 93.9844.
This high-to-low spread represents a total annual volatility of 5.6680 MWK. From a start-to-finish perspective, comparing the January average rate of 94.7109 to the December average rate of 98.9475, the exchange rate registered a net change of 4.47% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 99.6524 was down 1.47% compared to the 2019 peak of 101.1381, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 94.8353, compared to 97.0402 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2049 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was November, with a trading range of 1.4558 MWK (High: 98.7015 / Low: 97.2458). On the other end, January was the most stable month, with a tight range of 0.5455 MWK (High: 94.9842 / Low: 94.4387).
Growth Streaks & Declines
TrendsBetween July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2488 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 98.9475) against the same month in 2019 (average: 94.0124), the exchange rate shifted by +4.9352 (+5.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.9842 | 94.4387 | 94.7109 |
| February | 94.9904 | 93.9844 | 94.4621 |
| March | 95.2521 | 94.1279 | 94.8017 |
| April | 95.3117 | 94.4785 | 94.9431 |
| May | 95.2191 | 94.5479 | 94.9446 |
| June | 95.5609 | 94.8330 | 95.1496 |
| July | 95.7770 | 94.7913 | 95.0791 |
| August | 96.7808 | 95.3599 | 96.2040 |
| September | 97.1349 | 96.1845 | 96.7225 |
| October | 97.7726 | 96.7733 | 97.2574 |
| November | 98.7015 | 97.2458 | 98.0308 |
| December | 99.6524 | 98.3371 | 98.9475 |