YEARLY HIGH
0.0960 INR
YEARLY LOW
0.0898 INR
YEARLY AVERAGE
0.0925 INR

2021 MWK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 21, valuing the pair at 0.0960. Conversely, the yearly low was recorded on September 4, dropping to 0.0898.

This high-to-low spread represents a total annual volatility of 0.0062 INR. From a start-to-finish perspective, comparing the January average rate of 0.0946 to the December average rate of 0.0925, the exchange rate registered a net change of -2.18% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0960 was down 8.17% compared to the 2020 peak of 0.1046, 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 480 INR
2020 Average 498 INR
Yearly Trough Low 449 INR
Transaction Impact: A difference of 31.10 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0951
0.0901
JanuMarcMayJulySeptNove

MWK to INR 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 0.0934, compared to 0.0916 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0934
H2 Avg (Jul–Dec) 0.0916

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0028 INR (High: 0.0960 / Low: 0.0932). On the other end, September was the most stable month, with a tight range of 0.0013 INR (High: 0.0911 / Low: 0.0898).

April Spread (Volatile) ±0.0028
September Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0023 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0023

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.0946) against the same month in 2020 (average: 0.1036), the exchange rate shifted by -0.0089 (-8.62%).

2021 Avg (April) 0.0946
2020 Avg (April) 0.1036

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0951 0.0938 0.0946
February 0.0947 0.0927 0.0936
March 0.0939 0.0919 0.0930
April 0.0960 0.0932 0.0946
May 0.0935 0.0909 0.0923
June 0.0933 0.0913 0.0921
July 0.0936 0.0913 0.0923
August 0.0918 0.0899 0.0912
September 0.0911 0.0898 0.0905
October 0.0925 0.0910 0.0918
November 0.0920 0.0906 0.0913
December 0.0934 0.0913 0.0925