2018 PHP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 PHP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the PHP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 12, valuing the pair at 15.0520. Conversely, the yearly low was recorded on October 7, dropping to 13.3656.
This high-to-low spread represents a total annual volatility of 1.6864 MWK. From a start-to-finish perspective, comparing the January average rate of 14.3564 to the December average rate of 14.1740, the exchange rate registered a net change of -1.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 15.0520 was up 1.91% compared to the 2017 peak of 14.7695, 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 2018.
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 14.0255, compared to 13.6935 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3320 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 1.6369 MWK (High: 15.0520 / Low: 13.4151). On the other end, March was the most stable month, with a tight range of 0.1423 MWK (High: 13.9726 / Low: 13.8303).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.5323 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 14.1422) against the same month in 2017 (average: 14.5712), the exchange rate shifted by -0.4290 (-2.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5779 | 14.1136 | 14.3564 |
| February | 14.1352 | 13.8585 | 13.9846 |
| March | 13.9726 | 13.8303 | 13.9159 |
| April | 14.3148 | 13.8211 | 13.9486 |
| May | 14.4655 | 13.6526 | 13.8054 |
| June | 15.0520 | 13.4151 | 14.1422 |
| July | 13.7079 | 13.5133 | 13.6099 |
| August | 13.7478 | 13.5425 | 13.6434 |
| September | 13.6030 | 13.3918 | 13.4757 |
| October | 13.6140 | 13.3656 | 13.4817 |
| November | 13.9409 | 13.6528 | 13.7765 |
| December | 14.8127 | 13.8298 | 14.1740 |