YEARLY HIGH
5.2364 MWK
YEARLY LOW
4.5485 MWK
YEARLY AVERAGE
4.9150 MWK

2021 PKR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the PKR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 11, valuing the pair at 5.2364. Conversely, the yearly low was recorded on December 26, dropping to 4.5485.

This high-to-low spread represents a total annual volatility of 0.6879 MWK. From a start-to-finish perspective, comparing the January average rate of 4.8139 to the December average rate of 4.5914, the exchange rate registered a net change of -4.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.2364 was up 8.60% compared to the 2020 peak of 4.8218, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 2,618,188 MWK
2020 Average 2,300,944 MWK
Yearly Trough Low 2,274,242 MWK
Transaction Impact: A difference of 343,945.63 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.2310
4.5332
JanuMarcMayJulySeptNove

PKR 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: JanтАУJun) was 5.0216, compared to 4.8085 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.2130 points.

H1 Avg (JanтАУJun) 5.0216
H2 Avg (JulтАУDec) 4.8085

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 0.1945 MWK (High: 5.1386 / Low: 4.9441). On the other end, January was the most stable month, with a tight range of 0.0513 MWK (High: 4.8518 / Low: 4.8005).

March Spread (Volatile) ┬▒0.1945
January Spread (Stable) ┬▒0.0513

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1172 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1172

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 5.1729) against the same month in 2020 (average: 4.5908), the exchange rate shifted by +0.5820 (+12.68%).

2021 Avg (May) 5.1729
2020 Avg (May) 4.5908

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 4.8518 4.8005 4.8139
February 4.9513 4.8089 4.8814
March 5.1386 4.9441 5.0132
April 5.1658 5.1123 5.1375
May 5.2364 5.0938 5.1729
June 5.1658 5.0653 5.1106
July 5.1248 4.9739 5.0486
August 4.9970 4.8691 4.9314
September 4.8624 4.7727 4.8276
October 4.7947 4.6554 4.7457
November 4.8080 4.6233 4.7065
December 4.6584 4.5485 4.5914