YEARLY HIGH
2.7036 MWK
YEARLY LOW
2.0079 MWK
YEARLY AVERAGE
2.2888 MWK

2013 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2013

During 2013, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 2.7036. Conversely, the yearly low was recorded on September 11, dropping to 2.0079.

This high-to-low spread represents a total annual volatility of 0.6957 MWK. From a start-to-finish perspective, comparing the January average rate of 2.1461 to the December average rate of 2.6474, the exchange rate registered a net change of 23.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2013 high of 2.7036 was up 27.11% compared to the 2012 peak of 2.1269, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,703,627 MWK
2012 Average 1,552,482 MWK
Yearly Trough Low 2,007,933 MWK
Transaction Impact: A difference of 695,694.18 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2013.

2.7075
1.9859
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 2.3047, compared to 2.2728 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0319 points.

H1 Avg (Jan–Jun) 2.3047
H2 Avg (Jul–Dec) 2.2728

Volatility Range Comparison

Volatility

The most volatile month in 2013 was May, with a trading range of 0.4453 MWK (High: 2.5510 / Low: 2.1057). On the other end, July was the most stable month, with a tight range of 0.0405 MWK (High: 2.0669 / Low: 2.0264).

May Spread (Volatile) ±0.4453
July Spread (Stable) ±0.0405

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.3092 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3092

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2013: 2.6474) against the same month in 2012 (average: 2.0832), the exchange rate shifted by +0.5642 (+27.08%).

2013 Avg (December) 2.6474
2012 Avg (December) 2.0832

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.2830 2.0570 2.1461
February 2.4109 2.2846 2.3239
March 2.4722 2.3489 2.4118
April 2.6145 2.4423 2.5381
May 2.5510 2.1057 2.3588
June 2.1136 2.0128 2.0496
July 2.0669 2.0264 2.0461
August 2.0707 2.0187 2.0513
September 2.2958 2.0079 2.0709
October 2.4776 2.2553 2.3155
November 2.5863 2.4322 2.5058
December 2.7036 2.5887 2.6474