YEARLY HIGH
1089.5628 MWK
YEARLY LOW
1029.2263 MWK
YEARLY AVERAGE
1049.5604 MWK

2020 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1089.5628. Conversely, the yearly low was recorded on March 29, dropping to 1029.2263.

This high-to-low spread represents a total annual volatility of 60.3365 MWK. From a start-to-finish perspective, comparing the January average rate of 1038.4212 to the December average rate of 1082.0018, the exchange rate registered a net change of 4.20% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1089.5628 was down 2.43% compared to the 2019 peak of 1116.7300, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,447,814 MWK
2019 Average 5,178,041 MWK
Yearly Trough Low 5,146,132 MWK
Transaction Impact: A difference of 301,682.27 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1086.6041
1031.3763
JanuMarcMayJulySeptNove

JOD 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 1038.1816, compared to 1060.9392 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.7577 points.

H1 Avg (Jan–Jun) 1038.1816
H2 Avg (Jul–Dec) 1060.9392

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 16.1329 MWK (High: 1079.2889 / Low: 1063.1560). On the other end, May was the most stable month, with a tight range of 7.0810 MWK (High: 1040.9004 / Low: 1033.8194).

November Spread (Volatile) ±16.1329
May Spread (Stable) ±7.0810

Growth Streaks & Declines

Trends

Between July and December, 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 2.4426 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.4426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1082.0018) against the same month in 2019 (average: 1034.7469), the exchange rate shifted by +47.2550 (+4.57%).

2020 Avg (December) 1082.0018
2019 Avg (December) 1034.7469

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1043.9778 1035.7382 1038.4212
February 1040.7476 1029.6192 1035.9787
March 1043.7489 1029.2263 1038.3019
April 1042.0772 1032.8334 1037.9742
May 1040.9004 1033.8194 1038.3347
June 1044.6664 1036.6714 1040.0787
July 1046.9849 1036.4164 1039.4786
August 1057.9474 1042.4155 1051.6667
September 1061.8049 1051.4408 1057.2981
October 1069.0099 1057.8279 1063.2328
November 1079.2889 1063.1560 1071.9574
December 1089.5628 1075.1023 1082.0018