YEARLY HIGH
132.3404 MWK
YEARLY LOW
102.1617 MWK
YEARLY AVERAGE
119.1098 MWK

2022 HKD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the HKD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 132.3404. Conversely, the yearly low was recorded on February 26, dropping to 102.1617.

This high-to-low spread represents a total annual volatility of 30.1787 MWK. From a start-to-finish perspective, comparing the January average rate of 104.7376 to the December average rate of 131.5951, the exchange rate registered a net change of 25.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 132.3404 was up 25.61% compared to the 2021 peak of 105.3604, 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 3,308,509 MWK
2021 Average 2,571,564 MWK
Yearly Trough Low 2,554,043 MWK
Transaction Impact: A difference of 754,466.75 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

134.4196
100.5259
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 107.4493, compared to 130.7704 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.3212 points.

H1 Avg (Jan–Jun) 107.4493
H2 Avg (Jul–Dec) 130.7704

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 27.0640 MWK (High: 131.0760 / Low: 104.0120). On the other end, January was the most stable month, with a tight range of 0.8766 MWK (High: 105.0537 / Low: 104.1772).

June Spread (Volatile) ±27.0640
January Spread (Stable) ±0.8766

Growth Streaks & Declines

Trends

Between February and July, 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 1.3873 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -1.3873

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 131.5951) against the same month in 2021 (average: 104.5214), the exchange rate shifted by +27.0737 (+25.90%).

2022 Avg (December) 131.5951
2021 Avg (December) 104.5214

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 105.0537 104.1772 104.7376
February 104.8521 102.1617 103.3503
March 104.6702 102.7476 103.7018
April 104.6791 103.2664 103.8989
May 106.6750 103.6354 104.0264
June 131.0760 104.0120 124.9805
July 131.0783 129.9368 130.6263
August 131.4252 129.5835 130.6137
September 131.5882 129.0924 130.4573
October 131.2301 129.3770 130.4872
November 131.5173 129.2338 130.8430
December 132.3404 130.4040 131.5951