YEARLY HIGH
0.0436 ETB
YEARLY LOW
0.0356 ETB
YEARLY AVERAGE
0.0398 ETB

2019 MWK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MWK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 13, valuing the pair at 0.0436. Conversely, the yearly low was recorded on January 2, dropping to 0.0356.

This high-to-low spread represents a total annual volatility of 0.0080 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0388 to the December average rate of 0.0429, the exchange rate registered a net change of 10.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0436 was up 12.57% compared to the 2018 peak of 0.0387, 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 218 ETB
2018 Average 190 ETB
Yearly Trough Low 178 ETB
Transaction Impact: A difference of 40.11 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0434
0.0378
JanuMarcMayJulySeptNove

MWK to ETB 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 0.0392, compared to 0.0404 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0392
H2 Avg (Jul–Dec) 0.0404

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0038 ETB (High: 0.0394 / Low: 0.0356). On the other end, February was the most stable month, with a tight range of 0.0005 ETB (High: 0.0393 / Low: 0.0388).

January Spread (Volatile) ±0.0038
February Spread (Stable) ±0.0005

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 May and June, when the average rate fell by 0.0015 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.0429) against the same month in 2018 (average: 0.0377), the exchange rate shifted by +0.0052 (+13.84%).

2019 Avg (December) 0.0429
2018 Avg (December) 0.0377

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0394 0.0356 0.0388
February 0.0393 0.0388 0.0391
March 0.0396 0.0389 0.0393
April 0.0399 0.0390 0.0396
May 0.0404 0.0392 0.0399
June 0.0404 0.0367 0.0383
July 0.0390 0.0377 0.0383
August 0.0407 0.0386 0.0398
September 0.0410 0.0396 0.0404
October 0.0407 0.0400 0.0403
November 0.0418 0.0401 0.0408
December 0.0436 0.0418 0.0429