2018 MWK to GNF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MWK to GNF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MWK to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 30, valuing the pair at 12.6227. Conversely, the yearly low was recorded on June 12, dropping to 11.2996.
This high-to-low spread represents a total annual volatility of 1.3231 GNF. From a start-to-finish perspective, comparing the January average rate of 12.4212 to the December average rate of 12.2386, the exchange rate registered a net change of -1.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 12.6227 was down 3.77% compared to the 2017 peak of 13.1173, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MWK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MWK to GNF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 12.3725, compared to 12.4407 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0682 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 1.2981 GNF (High: 12.5977 / Low: 11.2996). On the other end, February was the most stable month, with a tight range of 0.0656 GNF (High: 12.4541 / Low: 12.3885).
Growth Streaks & Declines
TrendsBetween February and May, 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 May and June, when the average rate fell by 0.4522 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2018: 12.5325) against the same month in 2017 (average: 12.4318), the exchange rate shifted by +0.1007 (+0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 12.5051 | 12.3913 | 12.4212 |
| February | 12.4541 | 12.3885 | 12.4162 |
| March | 12.4619 | 12.3875 | 12.4218 |
| April | 12.5035 | 12.1986 | 12.4295 |
| May | 12.5502 | 12.0127 | 12.4993 |
| June | 12.5977 | 11.2996 | 12.0471 |
| July | 12.5212 | 12.4237 | 12.4603 |
| August | 12.5161 | 12.2892 | 12.4510 |
| September | 12.5527 | 12.4297 | 12.4684 |
| October | 12.5502 | 12.4040 | 12.4931 |
| November | 12.6227 | 12.4460 | 12.5325 |
| December | 12.5647 | 11.7771 | 12.2386 |