2020 PKR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 PKR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the PKR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 4.8218. Conversely, the yearly low was recorded on June 25, dropping to 4.3840.
This high-to-low spread represents a total annual volatility of 0.4378 MWK. From a start-to-finish perspective, comparing the January average rate of 4.7581 to the December average rate of 4.7857, the exchange rate registered a net change of 0.58% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 4.8218 was down 15.09% compared to the 2019 peak of 5.6786, indicating shifts in long-term support levels.
Comparing the value generated converting 500,000 PKR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
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)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 4.6138, compared to 4.5906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0232 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 0.3442 MWK (High: 4.7797 / Low: 4.4354). On the other end, January was the most stable month, with a tight range of 0.0273 MWK (High: 4.7723 / Low: 4.7450).
Growth Streaks & Declines
TrendsBetween July and December, 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 March and April, when the average rate fell by 0.1796 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 4.7857) against the same month in 2019 (average: 4.7362), the exchange rate shifted by +0.0495 (+1.05%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 4.7723 | 4.7450 | 4.7581 |
| February | 4.7797 | 4.7230 | 4.7573 |
| March | 4.7797 | 4.4354 | 4.6515 |
| April | 4.6056 | 4.3909 | 4.4719 |
| May | 4.6484 | 4.5318 | 4.5908 |
| June | 4.5385 | 4.3840 | 4.4532 |
| July | 4.4486 | 4.3847 | 4.4074 |
| August | 4.5195 | 4.3846 | 4.4359 |
| September | 4.5337 | 4.4830 | 4.5153 |
| October | 4.7187 | 4.5468 | 4.6296 |
| November | 4.8125 | 4.7070 | 4.7696 |
| December | 4.8218 | 4.7547 | 4.7857 |