2020 HRK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HRK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HRK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 125.4503. Conversely, the yearly low was recorded on March 19, dropping to 103.0545.
This high-to-low spread represents a total annual volatility of 22.3958 MWK. From a start-to-finish perspective, comparing the January average rate of 109.8197 to the December average rate of 123.8155, the exchange rate registered a net change of 12.74% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 125.4503 was up 3.87% compared to the 2019 peak of 120.7778, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HRK 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 107.6713, compared to 117.7989 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.1276 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 8.7417 MWK (High: 111.7962 / Low: 103.0545). On the other end, October was the most stable month, with a tight range of 1.9984 MWK (High: 118.1742 / Low: 116.1758).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 2.2504 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 123.8155) against the same month in 2019 (average: 109.5527), the exchange rate shifted by +14.2628 (+13.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 111.4889 | 108.7465 | 109.8197 |
| February | 109.7523 | 106.1487 | 107.5693 |
| March | 111.7962 | 103.0545 | 107.5900 |
| April | 106.4948 | 104.1776 | 105.3416 |
| May | 107.9378 | 104.8705 | 106.0560 |
| June | 110.8911 | 108.4679 | 109.6513 |
| July | 117.5255 | 109.4076 | 112.1776 |
| August | 118.5897 | 115.9875 | 117.5007 |
| September | 118.5317 | 115.6948 | 117.1447 |
| October | 118.1742 | 116.1758 | 117.1143 |
| November | 121.1173 | 115.9017 | 119.0408 |
| December | 125.4503 | 122.1002 | 123.8155 |