2016 SRD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 188.8311. Conversely, the yearly low was recorded on September 21, dropping to 92.4223.
This high-to-low spread represents a total annual volatility of 96.4088 MWK. From a start-to-finish perspective, comparing the January average rate of 172.7181 to the December average rate of 98.2108, the exchange rate registered a net change of -43.14% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 188.8311 was up 2.00% compared to the 2015 peak of 185.1324, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 147.2766, compared to 99.0887 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 48.1879 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was January, with a trading range of 18.5387 MWK (High: 183.5714 / Low: 165.0328). On the other end, July was the most stable month, with a tight range of 1.2663 MWK (High: 101.5631 / Low: 100.2969).
Growth Streaks & Declines
TrendsBetween September and November, 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 March and April, when the average rate fell by 47.1531 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2016: 185.2484) against the same month in 2015 (average: 136.0604), the exchange rate shifted by +49.1881 (+36.15%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 183.5714 | 165.0328 | 172.7181 |
| February | 188.8311 | 179.1556 | 185.2484 |
| March | 186.3053 | 169.8312 | 175.3800 |
| April | 135.3015 | 118.2692 | 128.2270 |
| May | 125.2452 | 108.9407 | 119.7755 |
| June | 108.2134 | 99.8457 | 102.3107 |
| July | 101.5631 | 100.2969 | 101.0710 |
| August | 101.9980 | 97.6479 | 99.9575 |
| September | 100.1662 | 92.4223 | 95.9323 |
| October | 105.2502 | 93.9236 | 99.5649 |
| November | 103.2931 | 98.5294 | 99.7960 |
| December | 99.2282 | 96.6208 | 98.2108 |