YEARLY HIGH
0.5908 MWK
YEARLY LOW
0.4962 MWK
YEARLY AVERAGE
0.5419 MWK

2020 MMK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.5908. Conversely, the yearly low was recorded on January 13, dropping to 0.4962.

This high-to-low spread represents a total annual volatility of 0.0946 MWK. From a start-to-finish perspective, comparing the January average rate of 0.5014 to the December average rate of 0.5738, the exchange rate registered a net change of 14.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5908 was up 14.21% compared to the 2019 peak of 0.5173, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,954 MWK
2019 Average 2,413 MWK
Yearly Trough Low 2,481 MWK
Transaction Impact: A difference of 472.98 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5932
0.4930
JanuMarcMayJulySeptNove

MMK 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 0.5176, compared to 0.5662 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0487 points.

H1 Avg (Jan–Jun) 0.5176
H2 Avg (Jul–Dec) 0.5662

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0371 MWK (High: 0.5505 / Low: 0.5134). On the other end, January was the most stable month, with a tight range of 0.0082 MWK (High: 0.5044 / Low: 0.4962).

March Spread (Volatile) ±0.0371
January Spread (Stable) ±0.0082

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0111 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0111

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.5849) against the same month in 2019 (average: 0.4841), the exchange rate shifted by +0.1008 (+20.82%).

2020 Avg (November) 0.5849
2019 Avg (November) 0.4841

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5044 0.4962 0.5014
February 0.5134 0.5021 0.5064
March 0.5505 0.5134 0.5257
April 0.5284 0.5082 0.5181
May 0.5301 0.5204 0.5247
June 0.5370 0.5247 0.5289
July 0.5443 0.5310 0.5386
August 0.5637 0.5398 0.5494
September 0.5751 0.5591 0.5673
October 0.5893 0.5747 0.5834
November 0.5908 0.5766 0.5849
December 0.5836 0.5517 0.5738