2018 NGN to MWK Historical Review

YEARLY HIGH

2.2178 MWK

YEARLY LOW

1.9859 MWK

YEARLY AVERAGE

2.0196 MWK

2018 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 2.2178. Conversely, the yearly low was recorded on November 17, dropping to 1.9859.

This high-to-low spread represents a total annual volatility of 0.2319 MWK. From a start-to-finish perspective, comparing the January average rate of 2.0137 to the December average rate of 2.0556, the exchange rate registered a net change of 2.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 2.2178 was down 7.02% compared to the 2017 peak of 2.3852, 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 2,217,797 MWK

2017 Average 2,183,660 MWK

Yearly Trough Low 1,985,930 MWK

Transaction Impact: A difference of 231,866.85 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

2.0923

1.9916

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 2.0239, compared to 2.0152 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0086 points.

H1 Avg (Jan–Jun) 2.0239

H2 Avg (Jul–Dec) 2.0152

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.2262 MWK (High: 2.2178 / Low: 1.9916). On the other end, February was the most stable month, with a tight range of 0.0096 MWK (High: 2.0179 / Low: 2.0083).

June Spread (Volatile) ±0.2262

February Spread (Stable) ±0.0096

Growth Streaks & Declines

Trends

Between February and April, 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 0.0700 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0700

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 2.0839) against the same month in 2017 (average: 2.2830), the exchange rate shifted by -0.1990 (-8.72%).

2018 Avg (June) 2.0839

2017 Avg (June) 2.2830

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0211	1.9994	2.0137
February	2.0179	2.0083	2.0124
March	2.0194	2.0053	2.0135
April	2.0549	2.0052	2.0167
May	2.0799	1.9945	2.0029
June	2.2178	1.9916	2.0839
July	2.0235	2.0070	2.0140
August	2.0179	2.0012	2.0128
September	2.0232	1.9985	2.0082
October	2.0052	1.9933	2.0009
November	2.0160	1.9859	2.0000
December	2.1449	1.9885	2.0556