YEARLY HIGH
0.0106 HKD
YEARLY LOW
0.0100 HKD
YEARLY AVERAGE
0.0104 HKD

2020 MWK to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0106. Conversely, the yearly low was recorded on December 2, dropping to 0.0100.

This high-to-low spread represents a total annual volatility of 0.0006 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0106 to the December average rate of 0.0101, the exchange rate registered a net change of -4.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0106 was down 2.74% compared to the 2019 peak of 0.0109, 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 53 HKD
2019 Average 53 HKD
Yearly Trough Low 50 HKD
Transaction Impact: A difference of 3.03 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0106
0.0101
JanuMarcMayJulySeptNove

MWK to HKD 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 0.0105, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0105
H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2020 was August, with a trading range of 0.0002 HKD (High: 0.0105 / Low: 0.0103). On the other end, January was the most stable month, with a tight range of 0.0001 HKD (High: 0.0106 / Low: 0.0105).

August Spread (Volatile) ±0.0002
January Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.0106) against the same month in 2019 (average: 0.0108), the exchange rate shifted by -0.0002 (-1.72%).

2020 Avg (February) 0.0106
2019 Avg (February) 0.0108

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0106 0.0105 0.0106
February 0.0106 0.0105 0.0106
March 0.0106 0.0105 0.0105
April 0.0106 0.0105 0.0105
May 0.0106 0.0105 0.0105
June 0.0105 0.0105 0.0105
July 0.0105 0.0104 0.0105
August 0.0105 0.0103 0.0104
September 0.0104 0.0103 0.0103
October 0.0103 0.0102 0.0103
November 0.0103 0.0101 0.0102
December 0.0102 0.0100 0.0101