YEARLY HIGH
0.0512 ETB
YEARLY LOW
0.0430 ETB
YEARLY AVERAGE
0.0469 ETB

2020 MWK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0512. Conversely, the yearly low was recorded on February 3, dropping to 0.0430.

This high-to-low spread represents a total annual volatility of 0.0082 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0435 to the December average rate of 0.0505, the exchange rate registered a net change of 15.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0512 was up 17.39% compared to the 2019 peak of 0.0436, 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 256 ETB
2019 Average 199 ETB
Yearly Trough Low 215 ETB
Transaction Impact: A difference of 40.94 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0511
0.0429
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 0.0448, compared to 0.0490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0448
H2 Avg (Jul–Dec) 0.0490

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.0017 ETB (High: 0.0512 / Low: 0.0495). On the other end, January was the most stable month, with a tight range of 0.0003 ETB (High: 0.0437 / Low: 0.0433).

December Spread (Volatile) ±0.0017
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0505) against the same month in 2019 (average: 0.0429), the exchange rate shifted by +0.0075 (+17.59%).

2020 Avg (December) 0.0505
2019 Avg (December) 0.0429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0437 0.0433 0.0435
February 0.0441 0.0430 0.0437
March 0.0449 0.0439 0.0443
April 0.0455 0.0442 0.0449
May 0.0464 0.0450 0.0458
June 0.0476 0.0461 0.0466
July 0.0480 0.0473 0.0477
August 0.0483 0.0471 0.0479
September 0.0492 0.0483 0.0489
October 0.0503 0.0490 0.0494
November 0.0504 0.0489 0.0498
December 0.0512 0.0495 0.0505