2021 SEK to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 SEK to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the SEK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 10, valuing the pair at 96.9473. Conversely, the yearly low was recorded on December 25, dropping to 88.8426.
This high-to-low spread represents a total annual volatility of 8.1046 MWK. From a start-to-finish perspective, comparing the January average rate of 93.1453 to the December average rate of 89.6290, the exchange rate registered a net change of -3.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 96.9473 was up 3.23% compared to the 2020 peak of 93.9164, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
SEK 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 93.4534, compared to 92.9129 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5404 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was November, with a trading range of 6.6482 MWK (High: 95.8032 / Low: 89.1551). On the other end, December was the most stable month, with a tight range of 1.5637 MWK (High: 90.4063 / Low: 88.8426).
Growth Streaks & Declines
TrendsBetween March and June, 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 November and December, when the average rate fell by 2.6618 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 95.0832) against the same month in 2020 (average: 79.1720), the exchange rate shifted by +15.9111 (+20.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.5296 | 91.8700 | 93.1453 |
| February | 94.3547 | 91.1485 | 93.2902 |
| March | 93.0373 | 89.8232 | 91.6470 |
| April | 95.1508 | 89.8700 | 92.5713 |
| May | 96.3410 | 93.3927 | 94.9833 |
| June | 96.9473 | 92.3440 | 95.0832 |
| July | 95.0460 | 92.9548 | 93.6468 |
| August | 94.5431 | 92.0426 | 93.5934 |
| September | 95.1056 | 92.6752 | 94.1216 |
| October | 95.8132 | 92.4781 | 94.1960 |
| November | 95.8032 | 89.1551 | 92.2908 |
| December | 90.4063 | 88.8426 | 89.6290 |