NGN to MWK Historical Rates

Analyze long-term market trends and access daily historical data for the NGN/MWK pair.

10-YEAR HIGH
2.5752 MWK
10-YEAR LOW
1.0226 MWK
10-YEAR AVERAGE
1.8334 MWK

10-Year NGN to MWK Performance & Macro Timing Review

Analysis of key historical highlights and timing insights over the past decade

Over the last 10 years, the NGN to MWK exchange rate has undergone significant macro fluctuations. The market reached its absolute decade peak on June 6, 2019, when the pair was valued at 2.5752. Conversely, the absolute lowest rate of the decade was recorded on November 22, 2024, dropping to a support floor of 1.0226.

This peak-to-trough range represents a total macro spread of 1.5526 MWK. From a long-term perspective, comparing the decade's oldest annual average of 2.2819 (in 2016) to the newest annual average of 1.2603 (in 2026), the exchange rate registered a net shift of -44.77%.

Analyzing macro structural support, the trading dynamics in the recent 5-year period averaged 1.6012, showing a variance of 0.4612 points compared to the older 5-year average of 2.0624.

10-Year Payout Timing Comparison

Value generated converting a dynamic sum of 1,000,000 NGN over the decade:

Decade Peak High 2,575,185 MWK
10-Year Average 1,833,438 MWK
Decade Trough Low 1,022,573 MWK
Macro Timing Impact: A difference of 1,552,611.98 MWK purely based on trade execution date over the last 10 years.

10-Year Macro Trend

Monthly average exchange rates over the last decade.

2.6166
0.8862
201620182020202220242026

NGN to MWK Macro Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Decade Halves Comparison

Macro Shift

The average exchange rate in the first 5 years of the decade was 2.0624, compared to 1.6012 in the recent 5 years. This shows that the rate was stronger in the older 5 years by a margin of 0.4612 points.

Older 5 Yrs Avg 2.0624
Recent 5 Yrs Avg 1.6012

Annual Volatility Extremes

Volatility

The most volatile year in the decade was 2023, with a trading range of 1.0584 MWK (High: 2.2947 / Low: 1.2363). Conversely, 2026 was the most stable year, with a range of 0.0960 MWK (High: 1.2955 / Low: 1.1995).

2023 Spread (Volatile) ±1.0584
2026 Spread (Stable) ±0.0960

Decade Growth & Declines

Macro Trends

Between 2020 and 2022, the exchange rate recorded its longest consecutive growth streak of the decade, climbing for 2 straight years. Conversely, the sharpest year-over-year decline occurred between 2023 and 2024, when the average rate fell by 0.6626 points.

Longest Streak 2 Yrs.
Sharpest YoY Drop -0.6626

10-Year Historical Baseline

YoY Baseline

Comparing the decade's oldest annual average (2016: 2.2819) against the newest annual average (2026: 1.2603), the exchange rate shifted by -1.0216 (-44.77%).

2016 Baseline Avg 2.2819
2026 Current Avg 1.2603

Recent 30 Days

Live daily mid-market rates for the past month.

Date Exchange Rate
2026-07-31 1.2714
2026-07-30 1.2684
2026-07-29 1.2688
2026-07-28 1.2701
2026-07-27 1.2702
2026-07-26 1.2678
2026-07-25 1.2680
2026-07-24 1.2681
2026-07-23 1.2643
2026-07-22 1.2602
2026-07-21 1.2573
2026-07-20 1.2563
2026-07-19 1.2564
2026-07-18 1.2565
2026-07-17 1.2570
2026-07-16 1.2554
2026-07-15 1.2544
2026-07-14 1.2563
2026-07-13 1.2582
2026-07-12 1.2588
2026-07-11 1.2606
2026-07-10 1.2591
2026-07-09 1.2591
2026-07-08 1.2627
2026-07-07 1.2652
2026-07-06 1.2664
2026-07-05 1.2664
2026-07-04 1.2666
2026-07-03 1.2650
2026-07-02 1.2639
2026-07-01 1.2584

Browse by Year

Access full daily ledgers for specific calendar years.