2017 PHP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PHP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 14.7695. Conversely, the yearly low was recorded on October 26, dropping to 13.9578.
This high-to-low spread represents a total annual volatility of 0.8117 MWK. From a start-to-finish perspective, comparing the January average rate of 14.5746 to the December average rate of 14.4294, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 14.7695 was down 6.50% compared to the 2016 peak of 15.7965, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PHP to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.5399, compared to 14.2679 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2720 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 0.4600 MWK (High: 14.5410 / Low: 14.0811). On the other end, July was the most stable month, with a tight range of 0.1541 MWK (High: 14.4070 / Low: 14.2529).
Growth Streaks & Declines
TrendsBetween October and December, 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 June and July, when the average rate fell by 0.2453 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2017: 14.5746) against the same month in 2016 (average: 14.5102), the exchange rate shifted by +0.0644 (+0.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.7695 | 14.4429 | 14.5746 |
| February | 14.6344 | 14.3720 | 14.5084 |
| March | 14.5663 | 14.3158 | 14.4365 |
| April | 14.7491 | 14.3937 | 14.5822 |
| May | 14.6471 | 14.4923 | 14.5666 |
| June | 14.7452 | 14.3435 | 14.5712 |
| July | 14.4070 | 14.2529 | 14.3259 |
| August | 14.5410 | 14.0811 | 14.2380 |
| September | 14.3417 | 14.1342 | 14.2390 |
| October | 14.3322 | 13.9578 | 14.1287 |
| November | 14.4595 | 14.1007 | 14.2468 |
| December | 14.5746 | 14.2870 | 14.4294 |