2021 MWK to KHR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 MWK to KHR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MWK to KHR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 5.2877. Conversely, the yearly low was recorded on December 13, dropping to 4.9743.
This high-to-low spread represents a total annual volatility of 0.3133 KHR. From a start-to-finish perspective, comparing the January average rate of 5.2560 to the December average rate of 4.9973, the exchange rate registered a net change of -4.92% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 5.2877 was down 5.85% compared to the 2020 peak of 5.6165, 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 2021.
MWK to KHR 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 5.1742, compared to 5.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1629 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was July, with a trading range of 0.0992 KHR (High: 5.1070 / Low: 5.0078). On the other end, November was the most stable month, with a tight range of 0.0156 KHR (High: 4.9974 / Low: 4.9818).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0607 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 5.2560) against the same month in 2020 (average: 5.5225), the exchange rate shifted by -0.2665 (-4.83%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.2877 | 5.2283 | 5.2560 |
| February | 5.2835 | 5.2119 | 5.2348 |
| March | 5.2144 | 5.1478 | 5.1845 |
| April | 5.1600 | 5.1065 | 5.1420 |
| May | 5.1683 | 5.0909 | 5.1255 |
| June | 5.1433 | 5.0557 | 5.1028 |
| July | 5.1070 | 5.0078 | 5.0421 |
| August | 5.0411 | 5.0071 | 5.0200 |
| September | 5.0494 | 5.0018 | 5.0212 |
| October | 5.0245 | 4.9866 | 4.9973 |
| November | 4.9974 | 4.9818 | 4.9901 |
| December | 5.0247 | 4.9743 | 4.9973 |