2020 NGN to MWK Historical Review

YEARLY HIGH

2.0401 MWK

YEARLY LOW

1.8804 MWK

YEARLY AVERAGE

1.9581 MWK

2020 NGN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NGN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 10, valuing the pair at 2.0401. Conversely, the yearly low was recorded on May 25, dropping to 1.8804.

This high-to-low spread represents a total annual volatility of 0.1598 MWK. From a start-to-finish perspective, comparing the January average rate of 2.0323 to the December average rate of 1.9985, the exchange rate registered a net change of -1.66% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0401 was down 20.78% compared to the 2019 peak of 2.5752, 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 2,040,111 MWK

2019 Average 2,040,873 MWK

Yearly Trough Low 1,880,359 MWK

Transaction Impact: A difference of 159,751.52 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0463

1.8779

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 1.9574, compared to 1.9587 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 1.9574

H2 Avg (Jul–Dec) 1.9587

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1372 MWK (High: 2.0217 / Low: 1.8846). On the other end, June was the most stable month, with a tight range of 0.0161 MWK (High: 1.9129 / Low: 1.8968).

March Spread (Volatile) ±0.1372

June Spread (Stable) ±0.0161

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 March and April, when the average rate fell by 0.0739 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0739

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 2.0323) against the same month in 2019 (average: 2.0126), the exchange rate shifted by +0.0197 (+0.98%).

2020 Avg (January) 2.0323

2019 Avg (January) 2.0126

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0401	2.0217	2.0323
February	2.0330	2.0083	2.0176
March	2.0217	1.8846	1.9865
April	2.0079	1.8846	1.9126
May	1.9070	1.8804	1.8920
June	1.9129	1.8968	1.9035
July	1.9123	1.8929	1.9013
August	1.9683	1.9123	1.9357
September	1.9745	1.9338	1.9539
October	1.9894	1.9487	1.9732
November	2.0105	1.9652	1.9897
December	2.0283	1.9422	1.9985