2017 SGD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SGD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SGD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 542.8358. Conversely, the yearly low was recorded on January 2, dropping to 495.8104.
This high-to-low spread represents a total annual volatility of 47.0254 MWK. From a start-to-finish perspective, comparing the January average rate of 507.1642 to the December average rate of 538.9919, the exchange rate registered a net change of 6.28% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 542.8358 was up 1.24% compared to the 2016 peak of 536.1963, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
SGD 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 516.7780, compared to 534.6138 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.8358 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 18.8711 MWK (High: 514.6816 / Low: 495.8104). On the other end, April was the most stable month, with a tight range of 5.3018 MWK (High: 521.5952 / Low: 516.2933).
Growth Streaks & Declines
TrendsBetween January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.8244 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 538.9919) against the same month in 2016 (average: 503.4510), the exchange rate shifted by +35.5409 (+7.06%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 514.6816 | 495.8104 | 507.1642 |
| February | 517.8010 | 508.9812 | 512.7551 |
| March | 522.3497 | 509.5322 | 515.9643 |
| April | 521.5952 | 516.2933 | 519.5319 |
| May | 525.5989 | 513.5913 | 520.3778 |
| June | 530.7304 | 521.5387 | 524.8749 |
| July | 536.1791 | 523.7520 | 529.1232 |
| August | 537.3406 | 530.1445 | 533.1469 |
| September | 542.5136 | 533.2602 | 537.6467 |
| October | 538.3345 | 530.5367 | 533.8223 |
| November | 539.8290 | 531.0765 | 534.9519 |
| December | 542.8358 | 533.7993 | 538.9919 |