2020 SRD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 SRD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the SRD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 17, valuing the pair at 100.9412. Conversely, the yearly low was recorded on October 3, dropping to 52.9886.
This high-to-low spread represents a total annual volatility of 47.9527 MWK. From a start-to-finish perspective, comparing the January average rate of 98.7160 to the December average rate of 54.1943, the exchange rate registered a net change of -45.10% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 100.9412 was down 5.00% compared to the 2019 peak of 106.2530, 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 2020.
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 98.6960, compared to 74.3601 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 24.3359 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was September, with a trading range of 47.9527 MWK (High: 100.9412 / Low: 52.9886). On the other end, October was the most stable month, with a tight range of 0.5601 MWK (High: 53.5487 / Low: 52.9886).
Growth Streaks & Declines
TrendsBetween April and June, 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 September and October, when the average rate fell by 32.9567 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2020: 86.2160) against the same month in 2019 (average: 97.5737), the exchange rate shifted by -11.3577 (-11.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 99.2465 | 98.4632 | 98.7160 |
| February | 98.9394 | 97.8815 | 98.4783 |
| March | 99.2247 | 97.8441 | 98.7060 |
| April | 99.0658 | 98.1870 | 98.6804 |
| May | 98.9539 | 98.2808 | 98.7141 |
| June | 99.3119 | 98.5519 | 98.8814 |
| July | 99.5324 | 98.5277 | 98.8188 |
| August | 100.5745 | 99.0980 | 99.9774 |
| September | 100.9412 | 52.9886 | 86.2160 |
| October | 53.5487 | 52.9886 | 53.2593 |
| November | 54.0483 | 53.2554 | 53.6951 |
| December | 54.5782 | 53.8539 | 54.1943 |