YEARLY HIGH
1.0159 MWK
YEARLY LOW
0.9571 MWK
YEARLY AVERAGE
0.9982 MWK

2010 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2010

During 2010, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 25, valuing the pair at 1.0159. Conversely, the yearly low was recorded on January 3, dropping to 0.9571.

This high-to-low spread represents a total annual volatility of 0.0588 MWK. From a start-to-finish perspective, comparing the January average rate of 0.9719 to the December average rate of 0.9911, the exchange rate registered a net change of 1.97% (reflecting a strengthening trend).

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 1,015,913 MWK
Yearly Average 998,232 MWK
Yearly Trough Low 957,083 MWK
Transaction Impact: A difference of 58,829.42 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2010.

1.0117
0.9683
JanuMarcMayJulySeptNove

NGN to MWK 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 0.9963, compared to 1.0002 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0039 points.

H1 Avg (Jan–Jun) 0.9963
H2 Avg (Jul–Dec) 1.0002

Volatility Range Comparison

Volatility

The most volatile month in 2010 was February, with a trading range of 0.0417 MWK (High: 1.0084 / Low: 0.9667). On the other end, July was the most stable month, with a tight range of 0.0082 MWK (High: 1.0118 / Low: 1.0036).

February Spread (Volatile) ±0.0417
July Spread (Stable) ±0.0082

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 November and December, when the average rate fell by 0.0147 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0147

Same-Month Historical Baseline

YoY Baseline

Historical data for the previous year (2009) is currently unavailable. Strongest month average for March 2010 is 1.0068.

2010 Avg (March) 1.0068
Baseline Avg N/A

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9809 0.9571 0.9719
February 1.0084 0.9667 0.9919
March 1.0159 1.0013 1.0068
April 1.0110 0.9990 1.0052
May 1.0081 0.9880 1.0015
June 1.0082 0.9967 1.0002
July 1.0118 1.0036 1.0081
August 1.0111 0.9974 1.0062
September 1.0046 0.9686 0.9942
October 1.0072 0.9752 0.9960
November 1.0121 0.9992 1.0058
December 1.0015 0.9762 0.9911