2019 NGN to MWK Historical Review

YEARLY HIGH

2.5752 MWK

YEARLY LOW

1.9808 MWK

YEARLY AVERAGE

2.0409 MWK

2019 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 2.5752. Conversely, the yearly low was recorded on January 5, dropping to 1.9808.

This high-to-low spread represents a total annual volatility of 0.5944 MWK. From a start-to-finish perspective, comparing the January average rate of 2.0126 to the December average rate of 2.0235, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.5752 was up 16.11% compared to the 2018 peak of 2.2178, 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 2,575,185 MWK

2018 Average 2,019,526 MWK

Yearly Trough Low 1,980,754 MWK

Transaction Impact: A difference of 594,430.75 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.2002

1.9936

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 2.0433, compared to 2.0385 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0048 points.

H1 Avg (Jan–Jun) 2.0433

H2 Avg (Jul–Dec) 2.0385

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.5752 MWK (High: 2.5752 / Low: 2.0000). On the other end, February was the most stable month, with a tight range of 0.0145 MWK (High: 2.0211 / Low: 2.0067).

June Spread (Volatile) ±0.5752

February Spread (Stable) ±0.0145

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0824 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 2.1830) against the same month in 2018 (average: 2.0839), the exchange rate shifted by +0.0990 (+4.75%).

2019 Avg (June) 2.1830

2018 Avg (June) 2.0839

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1740	1.9808	2.0126
February	2.0211	2.0067	2.0156
March	2.0296	2.0056	2.0160
April	2.0433	2.0082	2.0215
May	2.0456	1.9931	2.0109
June	2.5752	2.0000	2.1830
July	2.1262	2.0533	2.1005
August	2.3862	1.9879	2.0440
September	2.0421	1.9882	2.0128
October	2.0321	2.0153	2.0251
November	2.0316	2.0138	2.0251
December	2.0448	2.0000	2.0235