2017 SRD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 SRD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the SRD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 98.3134. Conversely, the yearly low was recorded on March 15, dropping to 95.2980.
This high-to-low spread represents a total annual volatility of 3.0154 MWK. From a start-to-finish perspective, comparing the January average rate of 97.0896 to the December average rate of 97.3318, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 98.3134 was down 47.94% compared to the 2016 peak of 188.8311, 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 2017.
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 96.4330, compared to 97.3821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9491 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was January, with a trading range of 1.9206 MWK (High: 98.1098 / Low: 96.1892). On the other end, September was the most stable month, with a tight range of 0.5717 MWK (High: 97.9806 / Low: 97.4089).
Growth Streaks & Declines
TrendsBetween March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.8536 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 97.5241) against the same month in 2016 (average: 99.9575), the exchange rate shifted by -2.4334 (-2.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 98.1098 | 96.1892 | 97.0896 |
| February | 96.8096 | 95.5651 | 96.2360 |
| March | 97.1317 | 95.2980 | 96.0942 |
| April | 96.7742 | 95.6206 | 96.2702 |
| May | 96.5576 | 95.9032 | 96.2849 |
| June | 97.2398 | 96.0184 | 96.6234 |
| July | 97.4742 | 96.4810 | 96.9855 |
| August | 98.3134 | 96.6507 | 97.5241 |
| September | 97.9806 | 97.4089 | 97.5833 |
| October | 98.1356 | 97.2980 | 97.4864 |
| November | 98.0083 | 96.7267 | 97.3817 |
| December | 97.5646 | 96.9442 | 97.3318 |