YEARLY HIGH
2.6729 CDF
YEARLY LOW
1.9440 CDF
YEARLY AVERAGE
2.4852 CDF

2020 MWK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 3, valuing the pair at 2.6729. Conversely, the yearly low was recorded on December 6, dropping to 1.9440.

This high-to-low spread represents a total annual volatility of 0.7289 CDF. From a start-to-finish perspective, comparing the January average rate of 2.2909 to the December average rate of 2.5483, the exchange rate registered a net change of 11.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.6729 was up 15.44% compared to the 2019 peak of 2.3155, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,364 CDF
2019 Average 11,258 CDF
Yearly Trough Low 9,720 CDF
Transaction Impact: A difference of 3,644.49 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.6751
2.2559
JanuMarcMayJulySeptNove

MWK to CDF 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 2.3681, compared to 2.6024 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2343 points.

H1 Avg (Jan–Jun) 2.3681
H2 Avg (Jul–Dec) 2.6024

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.6384 CDF (High: 2.5824 / Low: 1.9440). On the other end, January was the most stable month, with a tight range of 0.0173 CDF (High: 2.2994 / Low: 2.2821).

December Spread (Volatile) ±0.6384
January Spread (Stable) ±0.0173

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0389 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0389

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.6333) against the same month in 2019 (average: 2.2625), the exchange rate shifted by +0.3708 (+16.39%).

2020 Avg (August) 2.6333
2019 Avg (August) 2.2625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2994 2.2821 2.2909
February 2.3154 2.2884 2.3017
March 2.3358 2.2997 2.3155
April 2.3557 2.3186 2.3348
May 2.4882 2.3446 2.4265
June 2.6110 2.4662 2.5391
July 2.6713 2.6000 2.6402
August 2.6729 2.6040 2.6333
September 2.6298 2.6089 2.6184
October 2.6200 2.4007 2.5869
November 2.6075 2.5765 2.5872
December 2.5824 1.9440 2.5483