YEARLY HIGH
5.4932 MWK
YEARLY LOW
4.4143 MWK
YEARLY AVERAGE
4.7633 MWK

2014 KES to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the KES to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 5.4932. Conversely, the yearly low was recorded on October 11, dropping to 4.4143.

This high-to-low spread represents a total annual volatility of 1.0789 MWK. From a start-to-finish perspective, comparing the January average rate of 5.0493 to the December average rate of 5.3172, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 5.4932 was up 8.93% compared to the 2013 peak of 5.0429, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,466 MWK
2013 Average 21,168 MWK
Yearly Trough Low 22,071 MWK
Transaction Impact: A difference of 5,394.62 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

5.4033
4.3701
JanuMarcMayJulySeptNove

KES 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 4.7301, compared to 4.7965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0664 points.

H1 Avg (Jan–Jun) 4.7301
H2 Avg (Jul–Dec) 4.7965

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.7914 MWK (High: 5.2056 / Low: 4.4143). On the other end, July was the most stable month, with a tight range of 0.0332 MWK (High: 4.5084 / Low: 4.4752).

October Spread (Volatile) ±0.7914
July Spread (Stable) ±0.0332

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.2370 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2370

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 5.2556) against the same month in 2013 (average: 4.6180), the exchange rate shifted by +0.6376 (+13.81%).

2014 Avg (November) 5.2556
2013 Avg (November) 4.6180

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.2462 4.8213 5.0493
February 4.9632 4.8717 4.9205
March 4.9134 4.7025 4.8289
April 4.7577 4.4990 4.5920
May 4.5324 4.4634 4.4985
June 4.5097 4.4705 4.4914
July 4.5084 4.4752 4.4900
August 4.5225 4.4373 4.4788
September 4.4934 4.4152 4.4562
October 5.2056 4.4143 4.7811
November 5.4932 5.0780 5.2556
December 5.4733 5.1572 5.3172