YEARLY HIGH
0.5035 NGN
YEARLY LOW
0.4509 NGN
YEARLY AVERAGE
0.4953 NGN

2018 MWK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MWK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on November 17, valuing the pair at 0.5035. Conversely, the yearly low was recorded on June 12, dropping to 0.4509.

This high-to-low spread represents a total annual volatility of 0.0526 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4966 to the December average rate of 0.4866, the exchange rate registered a net change of -2.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.5035 was down 1.03% compared to the 2017 peak of 0.5088, 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 2,518 NGN
2017 Average 2,300 NGN
Yearly Trough Low 2,254 NGN
Transaction Impact: A difference of 263.22 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.5020
0.4785
JanuMarcMayJulySeptNove

MWK to NGN 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 0.4943, compared to 0.4963 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.4943
H2 Avg (Jul–Dec) 0.4963

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.0512 NGN (High: 0.5021 / Low: 0.4509). On the other end, February was the most stable month, with a tight range of 0.0024 NGN (High: 0.4979 / Low: 0.4956).

June Spread (Volatile) ±0.0512
February Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0188 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 0.5000) against the same month in 2017 (average: 0.4957), the exchange rate shifted by +0.0044 (+0.88%).

2018 Avg (November) 0.5000
2017 Avg (November) 0.4957

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5002 0.4948 0.4966
February 0.4979 0.4956 0.4969
March 0.4987 0.4952 0.4966
April 0.4987 0.4866 0.4959
May 0.5014 0.4808 0.4993
June 0.5021 0.4509 0.4805
July 0.4983 0.4942 0.4965
August 0.4997 0.4956 0.4968
September 0.5004 0.4943 0.4980
October 0.5017 0.4987 0.4998
November 0.5035 0.4960 0.5000
December 0.5029 0.4662 0.4866