YEARLY HIGH
0.0213 ZAR
YEARLY LOW
0.0182 ZAR
YEARLY AVERAGE
0.0197 ZAR

2019 MWK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MWK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 0.0213. Conversely, the yearly low was recorded on July 15, dropping to 0.0182.

This high-to-low spread represents a total annual volatility of 0.0032 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0189 to the December average rate of 0.0196, the exchange rate registered a net change of 3.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.0213 was up 0.58% compared to the 2018 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 107 ZAR
2018 Average 91 ZAR
Yearly Trough Low 91 ZAR
Transaction Impact: A difference of 15.79 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.0209
0.0184
JanuMarcMayJulySeptNove

MWK to ZAR 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 0.0194, compared to 0.0200 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0194
H2 Avg (Jul–Dec) 0.0200

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.0018 ZAR (High: 0.0203 / Low: 0.0185). On the other end, November was the most stable month, with a tight range of 0.0005 ZAR (High: 0.0205 / Low: 0.0200).

June Spread (Volatile) ±0.0018
November Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 0.0007 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 0.0207) against the same month in 2018 (average: 0.0193), the exchange rate shifted by +0.0014 (+7.17%).

2019 Avg (August) 0.0207
2018 Avg (August) 0.0193

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0194 0.0182 0.0189
February 0.0194 0.0183 0.0190
March 0.0202 0.0194 0.0198
April 0.0199 0.0191 0.0194
May 0.0205 0.0195 0.0199
June 0.0203 0.0185 0.0193
July 0.0193 0.0182 0.0186
August 0.0213 0.0197 0.0207
September 0.0210 0.0199 0.0204
October 0.0210 0.0199 0.0203
November 0.0205 0.0200 0.0202
December 0.0202 0.0190 0.0196