2022 MWK to NGN Historical Review

YEARLY HIGH

0.5213 NGN

YEARLY LOW

0.4037 NGN

YEARLY AVERAGE

0.4592 NGN

2022 MWK to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MWK to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 11, valuing the pair at 0.5213. Conversely, the yearly low was recorded on July 22, dropping to 0.4037.

This high-to-low spread represents a total annual volatility of 0.1175 NGN. From a start-to-finish perspective, comparing the January average rate of 0.5070 to the December average rate of 0.4345, the exchange rate registered a net change of -14.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.5213 was down 1.42% compared to the 2021 peak of 0.5288, 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 2,606 NGN

2021 Average 2,522 NGN

Yearly Trough Low 2,019 NGN

Transaction Impact: A difference of 587.65 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.5271

0.3976

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 0.4971, compared to 0.4214 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0757 points.

H1 Avg (Jan–Jun) 0.4971

H2 Avg (Jul–Dec) 0.4214

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 0.1052 NGN (High: 0.5094 / Low: 0.4042). On the other end, November was the most stable month, with a tight range of 0.0049 NGN (High: 0.4326 / Low: 0.4277).

June Spread (Volatile) ±0.1052

November Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between July and December, 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 0.0811 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0811

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.5163) against the same month in 2021 (average: 0.5012), the exchange rate shifted by +0.0151 (+3.02%).

2022 Avg (February) 0.5163

2021 Avg (February) 0.5012

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5097	0.5045	0.5070
February	0.5213	0.5085	0.5163
March	0.5181	0.5081	0.5129
April	0.5135	0.5077	0.5102
May	0.5105	0.4958	0.5085
June	0.5094	0.4042	0.4274
July	0.4148	0.4037	0.4084
August	0.4164	0.4038	0.4107
September	0.4237	0.4108	0.4183
October	0.4299	0.4213	0.4253
November	0.4326	0.4277	0.4310
December	0.4382	0.4321	0.4345