YEARLY HIGH
1456.8598 MWK
YEARLY LOW
1125.1542 MWK
YEARLY AVERAGE
1315.5227 MWK

2022 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1456.8598. Conversely, the yearly low was recorded on February 26, dropping to 1125.1542.

This high-to-low spread represents a total annual volatility of 331.7057 MWK. From a start-to-finish perspective, comparing the January average rate of 1151.0139 to the December average rate of 1445.1474, the exchange rate registered a net change of 25.55% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 1456.8598 was up 25.65% compared to the 2021 peak of 1159.4920, 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 7,284,299 MWK
2021 Average 5,638,674 MWK
Yearly Trough Low 5,625,771 MWK
Transaction Impact: A difference of 1,658,528.39 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

1477.0046
1105.9553
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 1185.9971, compared to 1445.0483 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 259.0512 points.

H1 Avg (Jan–Jun) 1185.9971
H2 Avg (Jul–Dec) 1445.0483

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 301.9031 MWK (High: 1451.2272 / Low: 1149.3241). On the other end, January was the most stable month, with a tight range of 8.4498 MWK (High: 1154.2766 / Low: 1145.8268).

June Spread (Volatile) ±301.9031
January Spread (Stable) ±8.4498

Growth Streaks & Declines

Trends

Between February and July, 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 14.1378 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -14.1378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2022: 1444.2381) against the same month in 2021 (average: 1147.1348), the exchange rate shifted by +297.1033 (+25.90%).

2022 Avg (September) 1444.2381
2021 Avg (September) 1147.1348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1154.2766 1145.8268 1151.0139
February 1152.6702 1125.1542 1136.8761
March 1155.7828 1133.2154 1144.2594
April 1158.2127 1141.7489 1148.9920
May 1180.8191 1146.9054 1151.6198
June 1451.2272 1149.3241 1383.2213
July 1451.2812 1438.6460 1446.0838
August 1455.1592 1434.7027 1445.4167
September 1456.8598 1429.2022 1444.2381
October 1452.9061 1432.4262 1444.5510
November 1449.0234 1429.7972 1444.8526
December 1451.9557 1433.9924 1445.1474