YEARLY HIGH
99.6762 MWK
YEARLY LOW
84.2204 MWK
YEARLY AVERAGE
89.7266 MWK

2018 NOK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 13, valuing the pair at 99.6762. Conversely, the yearly low was recorded on December 23, dropping to 84.2204.

This high-to-low spread represents a total annual volatility of 15.4558 MWK. From a start-to-finish perspective, comparing the January average rate of 91.7431 to the December average rate of 86.6690, the exchange rate registered a net change of -5.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 99.6762 was up 6.04% compared to the 2017 peak of 93.9999, 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 498,381 MWK
2017 Average 439,231 MWK
Yearly Trough Low 421,102 MWK
Transaction Impact: A difference of 77,279.04 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

94.1102
85.0118
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 91.9610, compared to 87.4922 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.4687 points.

H1 Avg (Jan–Jun) 91.9610
H2 Avg (Jul–Dec) 87.4922

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 11.7410 MWK (High: 99.6762 / Low: 87.9352). On the other end, March was the most stable month, with a tight range of 2.2249 MWK (High: 94.4418 / Low: 92.2168).

June Spread (Volatile) ±11.7410
March Spread (Stable) ±2.2249

Growth Streaks & Declines

Trends

Between January and March, 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 April and May, when the average rate fell by 3.4103 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.4103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 92.4812) against the same month in 2017 (average: 85.8698), the exchange rate shifted by +6.6114 (+7.70%).

2018 Avg (June) 92.4812
2017 Avg (June) 85.8698

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 94.4631 88.3975 91.7431
February 94.9048 90.8755 92.5934
March 94.4418 92.2168 93.3520
April 93.6644 90.6561 92.5032
May 92.7329 86.8119 89.0929
June 99.6762 87.9352 92.4812
July 90.5759 88.3039 89.3191
August 88.8932 85.7429 87.1008
September 89.7074 86.0430 88.0761
October 89.2901 86.2320 88.0184
November 87.1705 84.2735 85.7700
December 91.6568 84.2204 86.6690