YEARLY HIGH
7.1934 MWK
YEARLY LOW
6.2794 MWK
YEARLY AVERAGE
6.7836 MWK

2016 PKR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the PKR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 7.1934. Conversely, the yearly low was recorded on January 5, dropping to 6.2794.

This high-to-low spread represents a total annual volatility of 0.9140 MWK. From a start-to-finish perspective, comparing the January average rate of 6.5734 to the December average rate of 6.9018, the exchange rate registered a net change of 5.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 7.1934 was up 13.58% compared to the 2015 peak of 6.3336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 PKR based on timing:

Yearly Peak High 3,596,724 MWK
2015 Average 2,422,132 MWK
Yearly Trough Low 3,139,710 MWK
Transaction Impact: A difference of 457,014.32 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

7.1243
6.4478
JanuMarcMayJulySeptNove

PKR 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 6.7045, compared to 6.8626 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1581 points.

H1 Avg (Jan–Jun) 6.7045
H2 Avg (Jul–Dec) 6.8626

Volatility Range Comparison

Volatility

The most volatile month in 2016 was January, with a trading range of 0.6873 MWK (High: 6.9667 / Low: 6.2794). On the other end, September was the most stable month, with a tight range of 0.0543 MWK (High: 6.9054 / Low: 6.8511).

January Spread (Volatile) ±0.6873
September Spread (Stable) ±0.0543

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3821 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.3821

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 7.0679) against the same month in 2015 (average: 4.4310), the exchange rate shifted by +2.6368 (+59.51%).

2016 Avg (February) 7.0679
2015 Avg (February) 4.4310

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9667 6.2794 6.5734
February 7.1934 6.8458 7.0679
March 7.0979 6.4840 6.6858
April 6.5764 6.4358 6.5042
May 6.7639 6.5059 6.6461
June 6.8141 6.6357 6.7498
July 6.8463 6.7488 6.8105
August 6.8888 6.8210 6.8606
September 6.9054 6.8511 6.8775
October 6.8777 6.8079 6.8622
November 6.8964 6.8414 6.8632
December 6.9433 6.8460 6.9018