YEARLY HIGH
6.9859 MWK
YEARLY LOW
6.5521 MWK
YEARLY AVERAGE
6.8920 MWK

2017 PKR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the PKR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 6.9859. Conversely, the yearly low was recorded on December 21, dropping to 6.5521.

This high-to-low spread represents a total annual volatility of 0.4338 MWK. From a start-to-finish perspective, comparing the January average rate of 6.9284 to the December average rate of 6.6783, the exchange rate registered a net change of -3.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.9859 was down 2.88% compared to the 2016 peak of 7.1934, 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 3,492,975 MWK
2016 Average 3,391,202 MWK
Yearly Trough Low 3,276,074 MWK
Transaction Impact: A difference of 216,900.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.9638
6.6523
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 6.9276, compared to 6.8563 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0713 points.

H1 Avg (Jan–Jun) 6.9276
H2 Avg (Jul–Dec) 6.8563

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 0.3426 MWK (High: 6.8947 / Low: 6.5521). On the other end, October was the most stable month, with a tight range of 0.0516 MWK (High: 6.9126 / Low: 6.8610).

December Spread (Volatile) ±0.3426
October Spread (Stable) ±0.0516

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 0.2118 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2118

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2017: 6.9379) against the same month in 2016 (average: 6.7498), the exchange rate shifted by +0.1880 (+2.79%).

2017 Avg (June) 6.9379
2016 Avg (June) 6.7498

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9675 6.8827 6.9284
February 6.9422 6.8716 6.9197
March 6.9802 6.8651 6.9241
April 6.9747 6.8897 6.9283
May 6.9571 6.8961 6.9276
June 6.9859 6.9040 6.9379
July 6.9637 6.8324 6.8981
August 6.9452 6.8472 6.8977
September 6.9243 6.8250 6.8811
October 6.9126 6.8610 6.8926
November 6.9299 6.8529 6.8901
December 6.8947 6.5521 6.6783