YEARLY HIGH
0.0023 NZD
YEARLY LOW
0.0019 NZD
YEARLY AVERAGE
0.0020 NZD

2016 MWK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the MWK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0023. Conversely, the yearly low was recorded on September 7, dropping to 0.0019.

This high-to-low spread represents a total annual volatility of 0.0004 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0022 to the December average rate of 0.0020, the exchange rate registered a net change of -11.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0023 was down 33.46% compared to the 2015 peak of 0.0034, 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 11 NZD
2015 Average 15 NZD
Yearly Trough Low 9 NZD
Transaction Impact: A difference of 2.10 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0022
0.0019
JanuMarcMayJulySeptNove

MWK to NZD 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 0.0021, compared to 0.0019 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) 0.0021
H2 Avg (Jul–Dec) 0.0019

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 0.0002 NZD (High: 0.0022 / Low: 0.0020). On the other end, August was the most stable month, with a tight range of 0.0001 NZD (High: 0.0020 / Low: 0.0019).

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

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0022) against the same month in 2015 (average: 0.0028), the exchange rate shifted by -0.0006 (-21.84%).

2016 Avg (January) 0.0022
2015 Avg (January) 0.0028

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0023 0.0021 0.0022
February 0.0021 0.0020 0.0020
March 0.0022 0.0020 0.0021
April 0.0022 0.0021 0.0021
May 0.0022 0.0021 0.0021
June 0.0021 0.0019 0.0020
July 0.0020 0.0019 0.0020
August 0.0020 0.0019 0.0019
September 0.0019 0.0019 0.0019
October 0.0020 0.0019 0.0019
November 0.0020 0.0019 0.0019
December 0.0020 0.0019 0.0020