YEARLY HIGH
0.5605 MWK
YEARLY LOW
0.5269 MWK
YEARLY AVERAGE
0.5475 MWK

2021 IQD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.5605. Conversely, the yearly low was recorded on January 30, dropping to 0.5269.

This high-to-low spread represents a total annual volatility of 0.0336 MWK. From a start-to-finish perspective, comparing the January average rate of 0.5287 to the December average rate of 0.5583, the exchange rate registered a net change of 5.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5605 was down 13.62% compared to the 2020 peak of 0.6489, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,803 MWK
2020 Average 3,110 MWK
Yearly Trough Low 2,634 MWK
Transaction Impact: A difference of 168.21 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5621
0.5257
JanuMarcMayJulySeptNove

IQD 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 0.5377, compared to 0.5573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0196 points.

H1 Avg (Jan–Jun) 0.5377
H2 Avg (Jul–Dec) 0.5573

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0104 MWK (High: 0.5572 / Low: 0.5468). On the other end, November was the most stable month, with a tight range of 0.0017 MWK (High: 0.5599 / Low: 0.5582).

July Spread (Volatile) ±0.0104
November Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0007 points.

Longest Streak 10 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5583) against the same month in 2020 (average: 0.6129), the exchange rate shifted by -0.0546 (-8.91%).

2021 Avg (December) 0.5583
2020 Avg (December) 0.6129

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5316 0.5269 0.5287
February 0.5355 0.5278 0.5326
March 0.5401 0.5333 0.5358
April 0.5433 0.5364 0.5391
May 0.5466 0.5392 0.5429
June 0.5523 0.5419 0.5474
July 0.5572 0.5468 0.5537
August 0.5572 0.5540 0.5566
September 0.5590 0.5546 0.5571
October 0.5601 0.5582 0.5590
November 0.5599 0.5582 0.5590
December 0.5605 0.5553 0.5583