YEARLY HIGH
0.0017 SGD
YEARLY LOW
0.0016 SGD
YEARLY AVERAGE
0.0017 SGD

2021 MWK to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0017. Conversely, the yearly low was recorded on October 20, dropping to 0.0016.

This high-to-low spread represents a total annual volatility of 0.0001 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0017 to the December average rate of 0.0017, the exchange rate registered a net change of -2.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0017 was down 12.80% compared to the 2020 peak of 0.0020, 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 9 SGD
2020 Average 9 SGD
Yearly Trough Low 8 SGD
Transaction Impact: A difference of 0.45 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0017
0.0017
JanuMarcMayJulySeptNove

MWK to SGD 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 0.0017, compared to 0.0017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0017
H2 Avg (Jul–Dec) 0.0017

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0000 SGD (High: 0.0017 / Low: 0.0017). On the other end, September was the most stable month, with a tight range of 0.0000 SGD (High: 0.0017 / Low: 0.0016).

April Spread (Volatile) ±0.0000
September Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0000 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.0017) against the same month in 2020 (average: 0.0019), the exchange rate shifted by -0.0002 (-9.77%).

2021 Avg (February) 0.0017
2020 Avg (February) 0.0019

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0017 0.0017 0.0017
February 0.0017 0.0017 0.0017
March 0.0017 0.0017 0.0017
April 0.0017 0.0017 0.0017
May 0.0017 0.0017 0.0017
June 0.0017 0.0017 0.0017
July 0.0017 0.0017 0.0017
August 0.0017 0.0017 0.0017
September 0.0017 0.0016 0.0017
October 0.0017 0.0016 0.0017
November 0.0017 0.0017 0.0017
December 0.0017 0.0017 0.0017