YEARLY HIGH
555.5115 MWK
YEARLY LOW
413.2039 MWK
YEARLY AVERAGE
484.3285 MWK

2020 NZD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 555.5115. Conversely, the yearly low was recorded on March 22, dropping to 413.2039.

This high-to-low spread represents a total annual volatility of 142.3076 MWK. From a start-to-finish perspective, comparing the January average rate of 486.7963 to the December average rate of 544.3365, the exchange rate registered a net change of 11.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 555.5115 was up 5.72% compared to the 2019 peak of 525.4637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,777,557 MWK
2019 Average 2,420,027 MWK
Yearly Trough Low 2,066,019 MWK
Transaction Impact: A difference of 711,538.01 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

554.5438
432.0564
JanuMarcMayJulySeptNove

NZD 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 461.1855, compared to 507.4716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 46.2861 points.

H1 Avg (Jan–Jun) 461.1855
H2 Avg (Jul–Dec) 507.4716

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 55.3297 MWK (High: 468.5336 / Low: 413.2039). On the other end, October was the most stable month, with a tight range of 13.2735 MWK (High: 506.7688 / Low: 493.4953).

March Spread (Volatile) ±55.3297
October Spread (Stable) ±13.2735

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 24.3319 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -24.3319

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 544.3365) against the same month in 2019 (average: 484.3299), the exchange rate shifted by +60.0066 (+12.39%).

2020 Avg (December) 544.3365
2019 Avg (December) 484.3299

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 498.5534 475.0744 486.7963
February 475.7968 460.8476 469.3964
March 468.5336 413.2039 445.0645
April 452.2727 431.3304 442.2637
May 457.5079 437.0592 448.1673
June 483.9734 464.7820 475.4247
July 495.6808 476.9235 485.5002
August 505.3085 484.8247 492.5042
September 509.1319 491.5179 499.7770
October 506.7688 493.4953 500.4285
November 537.3361 498.8505 522.2832
December 555.5115 536.6379 544.3365