2020 PHP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PHP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PHP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 16.0900. Conversely, the yearly low was recorded on March 17, dropping to 14.2145.
This high-to-low spread represents a total annual volatility of 1.8755 MWK. From a start-to-finish perspective, comparing the January average rate of 14.4833 to the December average rate of 15.9530, the exchange rate registered a net change of 10.15% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 16.0900 was up 5.28% compared to the 2019 peak of 15.2832, 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 2020.
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 14.5387, compared to 15.4844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9457 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.4981 MWK (High: 14.7126 / Low: 14.2145). On the other end, October was the most stable month, with a tight range of 0.1772 MWK (High: 15.6470 / Low: 15.4698).
Growth Streaks & Declines
TrendsBetween February and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0270 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 15.9530) against the same month in 2019 (average: 14.4535), the exchange rate shifted by +1.4996 (+10.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.6172 | 14.3798 | 14.4833 |
| February | 14.5934 | 14.3294 | 14.4562 |
| March | 14.7126 | 14.2145 | 14.4589 |
| April | 14.6451 | 14.4215 | 14.5280 |
| May | 14.7265 | 14.4532 | 14.5718 |
| June | 14.8549 | 14.6320 | 14.7339 |
| July | 15.0939 | 14.7751 | 14.9169 |
| August | 15.5074 | 15.0775 | 15.2885 |
| September | 15.5314 | 15.3314 | 15.4511 |
| October | 15.6470 | 15.4698 | 15.5425 |
| November | 15.8982 | 15.5597 | 15.7541 |
| December | 16.0900 | 15.8306 | 15.9530 |