YEARLY HIGH
0.0259 SZL
YEARLY LOW
0.0189 SZL
YEARLY AVERAGE
0.0221 SZL

2020 MWK to SZL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MWK to SZL exchange rate experienced significant fluctuation. The market reached its absolute peak on April 26, valuing the pair at 0.0259. Conversely, the yearly low was recorded on December 28, dropping to 0.0189.

This high-to-low spread represents a total annual volatility of 0.0070 SZL. From a start-to-finish perspective, comparing the January average rate of 0.0195 to the December average rate of 0.0194, the exchange rate registered a net change of -0.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0259 was up 22.45% compared to the 2019 peak of 0.0212, 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 130 SZL
2019 Average 98 SZL
Yearly Trough Low 95 SZL
Transaction Impact: A difference of 35.04 SZL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0258
0.0188
JanuMarcMayJulySeptNove

MWK to SZL 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 0.0226, compared to 0.0216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0010 points.

H1 Avg (Jan–Jun) 0.0226
H2 Avg (Jul–Dec) 0.0216

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0036 SZL (High: 0.0243 / Low: 0.0207). On the other end, February was the most stable month, with a tight range of 0.0007 SZL (High: 0.0207 / Low: 0.0201).

March Spread (Volatile) ±0.0036
February Spread (Stable) ±0.0007

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 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2020: 0.0252) against the same month in 2019 (average: 0.0194), the exchange rate shifted by +0.0058 (+29.82%).

2020 Avg (April) 0.0252
2019 Avg (April) 0.0194

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0201 0.0191 0.0195
February 0.0207 0.0201 0.0204
March 0.0243 0.0207 0.0226
April 0.0259 0.0243 0.0252
May 0.0254 0.0236 0.0247
June 0.0237 0.0224 0.0232
July 0.0234 0.0223 0.0227
August 0.0239 0.0223 0.0231
September 0.0228 0.0216 0.0223
October 0.0222 0.0213 0.0218
November 0.0216 0.0199 0.0204
December 0.0201 0.0189 0.0194