YEARLY HIGH
608.0072 MWK
YEARLY LOW
576.6288 MWK
YEARLY AVERAGE
594.8932 MWK

2021 SGD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 608.0072. Conversely, the yearly low was recorded on February 4, dropping to 576.6288.

This high-to-low spread represents a total annual volatility of 31.3784 MWK. From a start-to-finish perspective, comparing the January average rate of 582.9601 to the December average rate of 597.8851, the exchange rate registered a net change of 2.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 608.0072 was up 4.32% compared to the 2020 peak of 582.8170, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,040,036 MWK
2020 Average 2,699,219 MWK
Yearly Trough Low 2,883,144 MWK
Transaction Impact: A difference of 156,892.03 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

605.9412
580.7293
JanuMarcMayJulySeptNove

SGD 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 589.4582, compared to 600.3282 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 10.8699 points.

H1 Avg (JanтАУJun) 589.4582
H2 Avg (JulтАУDec) 600.3282

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 16.4124 MWK (High: 598.8550 / Low: 582.4426). On the other end, January was the most stable month, with a tight range of 6.8912 MWK (High: 586.5399 / Low: 579.6487).

April Spread (Volatile) ┬▒16.4124
January Spread (Stable) ┬▒6.8912

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 3.1098 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 603.8402) against the same month in 2020 (average: 554.3830), the exchange rate shifted by +49.4572 (+8.92%).

2021 Avg (October) 603.8402
2020 Avg (October) 554.3830

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 586.5399 579.6487 582.9601
February 591.9646 576.6288 585.9401
March 588.7287 578.6964 582.8303
April 598.8550 582.4426 589.3790
May 603.8628 592.6251 596.4705
June 604.7048 591.1945 599.1695
July 602.1598 590.7538 596.2132
August 604.2617 595.0206 599.6216
September 606.3092 599.0063 603.4612
October 608.0072 599.2528 603.8402
November 605.3496 595.4508 600.9478
December 603.5665 593.7918 597.8851