2014 HNL to MWK Historical Review

YEARLY HIGH

23.3591 MWK

YEARLY LOW

18.4727 MWK

YEARLY AVERAGE

20.5428 MWK

2014 HNL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 23.3591. Conversely, the yearly low was recorded on October 12, dropping to 18.4727.

This high-to-low spread represents a total annual volatility of 4.8864 MWK. From a start-to-finish perspective, comparing the January average rate of 21.7163 to the December average rate of 22.8022, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 23.3591 was up 8.93% compared to the 2013 peak of 21.4439, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 116,795 MWK

2013 Average 90,762 MWK

Yearly Trough Low 92,363 MWK

Transaction Impact: A difference of 24,431.93 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

23.2062

18.3578

JanuMarcMayJulySeptNove

HNL 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 20.8338, compared to 20.2518 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5820 points.

H1 Avg (Jan–Jun) 20.8338

H2 Avg (Jul–Dec) 20.2518

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 3.3696 MWK (High: 21.8423 / Low: 18.4727). On the other end, July was the most stable month, with a tight range of 0.1441 MWK (High: 18.8793 / Low: 18.7353).

October Spread (Volatile) ±3.3696

July Spread (Stable) ±0.1441

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 May and June, when the average rate fell by 1.5916 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.5916

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 22.2633) against the same month in 2013 (average: 19.4530), the exchange rate shifted by +2.8103 (+14.45%).

2014 Avg (November) 22.2633

2013 Avg (November) 19.4530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.4941	20.6777	21.7163
February	21.7059	21.3567	21.5013
March	21.9174	21.1765	21.6109
April	21.4582	20.4359	20.7990
May	20.6608	18.9798	20.4836
June	19.0531	18.7408	18.8920
July	18.8793	18.7353	18.8042
August	19.0233	18.6246	18.7934
September	18.9731	18.6100	18.7619
October	21.8423	18.4727	20.0860
November	23.3591	21.5653	22.2633
December	23.3183	22.2291	22.8022