YEARLY HIGH
0.5853 MWK
YEARLY LOW
0.4149 MWK
YEARLY AVERAGE
0.5012 MWK

2021 MMK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.5853. Conversely, the yearly low was recorded on October 6, dropping to 0.4149.

This high-to-low spread represents a total annual volatility of 0.1704 MWK. From a start-to-finish perspective, comparing the January average rate of 0.5810 to the December average rate of 0.4578, the exchange rate registered a net change of -21.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5853 was down 0.93% compared to the 2020 peak of 0.5908, 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 2,927 MWK
2020 Average 2,710 MWK
Yearly Trough Low 2,075 MWK
Transaction Impact: A difference of 851.94 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5959
0.4176
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 0.5369, compared to 0.4654 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0715 points.

H1 Avg (Jan–Jun) 0.5369
H2 Avg (Jul–Dec) 0.4654

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0583 MWK (High: 0.4939 / Low: 0.4356). On the other end, August was the most stable month, with a tight range of 0.0045 MWK (High: 0.4957 / Low: 0.4911).

September Spread (Volatile) ±0.0583
August Spread (Stable) ±0.0045

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0509 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0509

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.5810) against the same month in 2020 (average: 0.5014), the exchange rate shifted by +0.0797 (+15.89%).

2021 Avg (January) 0.5810
2020 Avg (January) 0.5014

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5853 0.5778 0.5810
February 0.5834 0.5489 0.5554
March 0.5592 0.5521 0.5552
April 0.5602 0.5071 0.5476
May 0.5120 0.4785 0.4967
June 0.4894 0.4817 0.4856
July 0.4939 0.4851 0.4909
August 0.4957 0.4911 0.4936
September 0.4939 0.4356 0.4615
October 0.4544 0.4149 0.4324
November 0.4613 0.4455 0.4562
December 0.4618 0.4561 0.4578