YEARLY HIGH
764.2180 MWK
YEARLY LOW
584.8168 MWK
YEARLY AVERAGE
676.0749 MWK

2022 SGD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 764.2180. Conversely, the yearly low was recorded on May 12, dropping to 584.8168.

This high-to-low spread represents a total annual volatility of 179.4012 MWK. From a start-to-finish perspective, comparing the January average rate of 604.2088 to the December average rate of 758.0910, the exchange rate registered a net change of 25.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 764.2180 was up 25.69% compared to the 2021 peak of 608.0072, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 3,821,090 MWK
2021 Average 2,974,651 MWK
Yearly Trough Low 2,924,084 MWK
Transaction Impact: A difference of 897,006.08 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

774.8078
574.2067
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 615.8593, compared to 736.2905 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 120.4312 points.

H1 Avg (Jan–Jun) 615.8593
H2 Avg (Jul–Dec) 736.2905

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 150.7083 MWK (High: 743.4825 / Low: 592.7741). On the other end, January was the most stable month, with a tight range of 8.0415 MWK (High: 607.3798 / Low: 599.3384).

June Spread (Volatile) ±150.7083
January Spread (Stable) ±8.0415

Growth Streaks & Declines

Trends

Between May and August, 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 August and September, when the average rate fell by 15.3633 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -15.3633

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 758.0910) against the same month in 2021 (average: 597.8851), the exchange rate shifted by +160.2060 (+26.80%).

2022 Avg (December) 758.0910
2021 Avg (December) 597.8851

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 607.3798 599.3384 604.2088
February 607.3295 587.7820 598.2397
March 604.1393 589.5803 597.0801
April 603.2155 587.5133 596.5063
May 607.0799 584.8168 590.9235
June 743.4825 592.7741 708.1975
July 744.1857 728.3739 735.2824
August 748.7232 731.0162 740.1832
September 734.8819 712.6469 724.8200
October 732.2731 708.9354 719.4842
November 755.1152 718.8209 739.8821
December 764.2180 751.6003 758.0910