YEARLY HIGH
90.8207 MWK
YEARLY LOW
79.3412 MWK
YEARLY AVERAGE
83.5190 MWK

2019 NOK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NOK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 90.8207. Conversely, the yearly low was recorded on October 29, dropping to 79.3412.

This high-to-low spread represents a total annual volatility of 11.4794 MWK. From a start-to-finish perspective, comparing the January average rate of 85.5152 to the December average rate of 81.3912, the exchange rate registered a net change of -4.82% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 90.8207 was down 8.88% compared to the 2018 peak of 99.6762, 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 454,103 MWK
2018 Average 448,516 MWK
Yearly Trough Low 396,706 MWK
Transaction Impact: A difference of 57,397.10 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

88.6533
79.3182
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 85.0385, compared to 81.9995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0390 points.

H1 Avg (Jan–Jun) 85.0385
H2 Avg (Jul–Dec) 81.9995

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 8.5895 MWK (High: 90.8207 / Low: 82.2312). On the other end, November was the most stable month, with a tight range of 1.3863 MWK (High: 80.8211 / Low: 79.4348).

June Spread (Volatile) ±8.5895
November Spread (Stable) ±1.3863

Growth Streaks & Declines

Trends

Between May and July, 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 July and August, when the average rate fell by 6.1655 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -6.1655

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2019: 87.5744) against the same month in 2018 (average: 92.4812), the exchange rate shifted by -4.9068 (-5.31%).

2019 Avg (June) 87.5744
2018 Avg (June) 92.4812

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 90.1856 83.8369 85.5152
February 86.3327 83.5767 84.8811
March 85.6713 83.0106 84.4061
April 86.3324 83.4836 84.9667
May 84.7601 81.8079 82.8875
June 90.8207 82.2312 87.5744
July 89.6407 83.6957 87.8754
August 83.9256 79.4976 81.7099
September 82.1707 79.4416 80.7066
October 80.8220 79.3412 80.0961
November 80.8211 79.4348 80.2178
December 83.6355 79.4259 81.3912