YEARLY HIGH
0.0024 NZD
YEARLY LOW
0.0018 NZD
YEARLY AVERAGE
0.0021 NZD

2020 MWK to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 22, valuing the pair at 0.0024. Conversely, the yearly low was recorded on December 30, dropping to 0.0018.

This high-to-low spread represents a total annual volatility of 0.0006 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0021 to the December average rate of 0.0018, the exchange rate registered a net change of -10.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0024 was up 9.05% compared to the 2019 peak of 0.0022, 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 12 NZD
2019 Average 10 NZD
Yearly Trough Low 9 NZD
Transaction Impact: A difference of 3.10 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0023
0.0018
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 0.0022, compared to 0.0020 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) 0.0022
H2 Avg (Jul–Dec) 0.0020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0003 NZD (High: 0.0024 / Low: 0.0021). On the other end, October was the most stable month, with a tight range of 0.0001 NZD (High: 0.0020 / Low: 0.0020).

March Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 0.0023) against the same month in 2019 (average: 0.0020), the exchange rate shifted by +0.0002 (+11.65%).

2020 Avg (March) 0.0023
2019 Avg (March) 0.0020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0021 0.0020 0.0021
February 0.0022 0.0021 0.0021
March 0.0024 0.0021 0.0023
April 0.0023 0.0022 0.0023
May 0.0023 0.0022 0.0022
June 0.0022 0.0021 0.0021
July 0.0021 0.0020 0.0021
August 0.0021 0.0020 0.0020
September 0.0020 0.0020 0.0020
October 0.0020 0.0020 0.0020
November 0.0020 0.0019 0.0019
December 0.0019 0.0018 0.0018