2016 MWK to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MWK to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MWK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 34.1102. Conversely, the yearly low was recorded on February 21, dropping to 29.6599.
This high-to-low spread represents a total annual volatility of 4.4503 VND. From a start-to-finish perspective, comparing the January average rate of 32.5158 to the December average rate of 31.3940, the exchange rate registered a net change of -3.45% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 34.1102 was down 32.15% compared to the 2015 peak of 50.2697, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MWK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MWK to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 31.8450, compared to 31.1766 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6684 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 3.7010 VND (High: 34.1102 / Low: 30.4092). On the other end, September was the most stable month, with a tight range of 0.1077 VND (High: 31.0971 / Low: 30.9894).
Growth Streaks & Declines
TrendsBetween 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 2.3355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2016: 32.5158) against the same month in 2015 (average: 46.2410), the exchange rate shifted by -13.7252 (-29.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 34.1102 | 30.4092 | 32.5158 |
| February | 31.1244 | 29.6599 | 30.1803 |
| March | 32.8979 | 30.0274 | 31.8962 |
| April | 33.1040 | 32.3531 | 32.7503 |
| May | 32.7041 | 31.5676 | 32.0799 |
| June | 32.2605 | 31.3411 | 31.6473 |
| July | 31.5855 | 31.0678 | 31.2661 |
| August | 31.2045 | 30.9643 | 31.0514 |
| September | 31.0971 | 30.9894 | 31.0375 |
| October | 31.3129 | 30.9650 | 31.0796 |
| November | 31.5252 | 31.0424 | 31.2308 |
| December | 31.7804 | 31.1615 | 31.3940 |