YEARLY HIGH
0.0195 MWK
YEARLY LOW
0.0183 MWK
YEARLY AVERAGE
0.0190 MWK

2021 IRR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0195. Conversely, the yearly low was recorded on January 6, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0012 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0184 to the December average rate of 0.0193, the exchange rate registered a net change of 5.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0195 was up 6.05% compared to the 2020 peak of 0.0183, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 97 MWK
2020 Average 88 MWK
Yearly Trough Low 91 MWK
Transaction Impact: A difference of 5.80 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0194
0.0183
JanuMarcMayJulySeptNove

IRR 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 0.0187, compared to 0.0193 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0187
H2 Avg (Jul–Dec) 0.0193

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 0.0004 MWK (High: 0.0193 / Low: 0.0189). On the other end, November was the most stable month, with a tight range of 0.0001 MWK (High: 0.0193 / Low: 0.0193).

July Spread (Volatile) ±0.0004
November Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0193) against the same month in 2020 (average: 0.0182), the exchange rate shifted by +0.0011 (+5.88%).

2021 Avg (December) 0.0193
2020 Avg (December) 0.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0185 0.0183 0.0184
February 0.0186 0.0183 0.0185
March 0.0187 0.0185 0.0186
April 0.0188 0.0186 0.0187
May 0.0190 0.0187 0.0188
June 0.0191 0.0188 0.0190
July 0.0193 0.0189 0.0192
August 0.0194 0.0192 0.0193
September 0.0193 0.0192 0.0193
October 0.0194 0.0193 0.0193
November 0.0193 0.0193 0.0193
December 0.0195 0.0192 0.0193