YEARLY HIGH
0.0416 THB
YEARLY LOW
0.0383 THB
YEARLY AVERAGE
0.0400 THB

2021 MWK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 29, valuing the pair at 0.0416. Conversely, the yearly low was recorded on February 13, dropping to 0.0383.

This high-to-low spread represents a total annual volatility of 0.0033 THB. From a start-to-finish perspective, comparing the January average rate of 0.0388 to the December average rate of 0.0412, the exchange rate registered a net change of 6.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0416 was down 7.44% compared to the 2020 peak of 0.0450, 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 208 THB
2020 Average 210 THB
Yearly Trough Low 191 THB
Transaction Impact: A difference of 16.66 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0414
0.0383
JanuMarcMayJulySeptNove

MWK to THB 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 0.0392, compared to 0.0408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0392
H2 Avg (Jul–Dec) 0.0408

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0019 THB (High: 0.0416 / Low: 0.0397). On the other end, January was the most stable month, with a tight range of 0.0006 THB (High: 0.0390 / Low: 0.0384).

September Spread (Volatile) ±0.0019
January Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between February and April, 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 October and November, when the average rate fell by 0.0004 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2021: 0.0406) against the same month in 2020 (average: 0.0418), the exchange rate shifted by -0.0012 (-2.85%).

2021 Avg (September) 0.0406
2020 Avg (September) 0.0418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0390 0.0384 0.0388
February 0.0390 0.0383 0.0386
March 0.0398 0.0387 0.0393
April 0.0402 0.0393 0.0398
May 0.0397 0.0390 0.0394
June 0.0399 0.0388 0.0393
July 0.0409 0.0396 0.0404
August 0.0412 0.0396 0.0407
September 0.0416 0.0397 0.0406
October 0.0416 0.0405 0.0410
November 0.0413 0.0399 0.0406
December 0.0415 0.0406 0.0412