YEARLY HIGH
6.9604 MWK
YEARLY LOW
6.5031 MWK
YEARLY AVERAGE
6.7644 MWK

2021 NPR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 31, valuing the pair at 6.9604. Conversely, the yearly low was recorded on April 13, dropping to 6.5031.

This high-to-low spread represents a total annual volatility of 0.4574 MWK. From a start-to-finish perspective, comparing the January average rate of 6.6088 to the December average rate of 6.7635, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.9604 was up 5.60% compared to the 2020 peak of 6.5913, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,802 MWK
2020 Average 31,410 MWK
Yearly Trough Low 32,515 MWK
Transaction Impact: A difference of 2,286.87 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.9435
6.5784
JanuMarcMayJulySeptNove

NPR 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 6.7011, compared to 6.8277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1266 points.

H1 Avg (Jan–Jun) 6.7011
H2 Avg (Jul–Dec) 6.8277

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.2209 MWK (High: 6.8730 / Low: 6.6521). On the other end, September was the most stable month, with a tight range of 0.0898 MWK (High: 6.9594 / Low: 6.8695).

May Spread (Volatile) ±0.2209
September Spread (Stable) ±0.0898

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 March and April, when the average rate fell by 0.1114 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1114

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 6.8492) against the same month in 2020 (average: 6.2508), the exchange rate shifted by +0.5984 (+9.57%).

2021 Avg (August) 6.8492
2020 Avg (August) 6.2508

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.6743 6.5745 6.6088
February 6.7506 6.6170 6.6907
March 6.8084 6.6451 6.7292
April 6.7218 6.5031 6.6178
May 6.8730 6.6521 6.7686
June 6.8513 6.7204 6.7912
July 6.8428 6.6790 6.7798
August 6.9604 6.8088 6.8492
September 6.9594 6.8695 6.9131
October 6.8732 6.7584 6.8115
November 6.8876 6.7971 6.8491
December 6.8508 6.6911 6.7635