YEARLY HIGH
0.7198 MWK
YEARLY LOW
0.6792 MWK
YEARLY AVERAGE
0.6985 MWK

2021 KRW to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 31, valuing the pair at 0.7198. Conversely, the yearly low was recorded on November 8, dropping to 0.6792.

This high-to-low spread represents a total annual volatility of 0.0406 MWK. From a start-to-finish perspective, comparing the January average rate of 0.7030 to the December average rate of 0.6883, the exchange rate registered a net change of -2.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7198 was up 1.33% compared to the 2020 peak of 0.7104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,599,234 MWK
2020 Average 3,160,474 MWK
Yearly Trough Low 3,396,095 MWK
Transaction Impact: A difference of 203,139.22 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7143
0.6853
JanuMarcMayJulySeptNove

KRW 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 0.7028, compared to 0.6942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 0.7028
H2 Avg (Jul–Dec) 0.6942

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0245 MWK (High: 0.7135 / Low: 0.6889). On the other end, December was the most stable month, with a tight range of 0.0115 MWK (High: 0.6946 / Low: 0.6830).

January Spread (Volatile) ±0.0245
December Spread (Stable) ±0.0115

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 0.0072 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 0.7067) against the same month in 2020 (average: 0.5989), the exchange rate shifted by +0.1079 (+18.01%).

2021 Avg (May) 0.7067
2020 Avg (May) 0.5989

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7135 0.6889 0.7030
February 0.7063 0.6882 0.6997
March 0.7089 0.6848 0.6925
April 0.7161 0.6937 0.7033
May 0.7198 0.7005 0.7067
June 0.7197 0.7003 0.7119
July 0.7165 0.6982 0.7057
August 0.7119 0.6897 0.7000
September 0.7032 0.6852 0.6934
October 0.6994 0.6812 0.6903
November 0.6931 0.6792 0.6877
December 0.6946 0.6830 0.6883