YEARLY HIGH
93.9999 MWK
YEARLY LOW
83.0882 MWK
YEARLY AVERAGE
87.8408 MWK

2017 NOK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 93.9999. Conversely, the yearly low was recorded on January 2, dropping to 83.0882.

This high-to-low spread represents a total annual volatility of 10.9117 MWK. From a start-to-finish perspective, comparing the January average rate of 85.6679 to the December average rate of 87.3050, the exchange rate registered a net change of 1.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 93.9999 was up 4.45% compared to the 2016 peak of 89.9988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NOK based on timing:

Yearly Peak High 469,999 MWK
2016 Average 422,993 MWK
Yearly Trough Low 415,441 MWK
Transaction Impact: A difference of 54,558.31 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

93.4929
83.7198
JanuMarcMayJulySeptNove

NOK 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 85.6310, compared to 90.0506 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.4196 points.

H1 Avg (Jan–Jun) 85.6310
H2 Avg (Jul–Dec) 90.0506

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 6.1236 MWK (High: 92.2612 / Low: 86.1376). On the other end, April was the most stable month, with a tight range of 1.8646 MWK (High: 85.4095 / Low: 83.5448).

July Spread (Volatile) ±6.1236
April Spread (Stable) ±1.8646

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 2.1138 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.1138

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 92.6785) against the same month in 2016 (average: 87.5216), the exchange rate shifted by +5.1569 (+5.89%).

2017 Avg (September) 92.6785
2016 Avg (September) 87.5216

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.5989 83.0882 85.6679
February 88.3363 86.2540 87.0708
March 86.3732 83.7025 85.2513
April 85.4095 83.5448 84.5343
May 87.2248 83.5826 85.3921
June 86.8683 84.8406 85.8698
July 92.2612 86.1376 88.9506
August 93.7097 90.8353 91.9742
September 93.9999 91.2055 92.6785
October 92.1149 88.6876 90.7546
November 89.3425 87.2727 88.6408
December 88.4675 86.2442 87.3050