2014 SZL to MWK Historical Review

YEARLY HIGH

44.8472 MWK

YEARLY LOW

35.3609 MWK

YEARLY AVERAGE

38.5965 MWK

2014 SZL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 27, valuing the pair at 44.8472. Conversely, the yearly low was recorded on October 12, dropping to 35.3609.

This high-to-low spread represents a total annual volatility of 9.4863 MWK. From a start-to-finish perspective, comparing the January average rate of 40.1346 to the December average rate of 41.8311, the exchange rate registered a net change of 4.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 44.8472 was down 1.29% compared to the 2013 peak of 45.4335, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224,236 MWK

2013 Average 189,389 MWK

Yearly Trough Low 176,805 MWK

Transaction Impact: A difference of 47,431.28 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

43.3217

35.4104

JanuMarcMayJulySeptNove

SZL 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 38.3534, compared to 38.8395 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4861 points.

H1 Avg (Jan–Jun) 38.3534

H2 Avg (Jul–Dec) 38.8395

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 7.1316 MWK (High: 42.4925 / Low: 35.3609). On the other end, August was the most stable month, with a tight range of 0.6465 MWK (High: 37.2768 / Low: 36.6303).

October Spread (Volatile) ±7.1316

August Spread (Stable) ±0.6465

Growth Streaks & Declines

Trends

Between June and August, 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 January and February, when the average rate fell by 1.4756 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.4756

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 42.6624) against the same month in 2013 (average: 39.0217), the exchange rate shifted by +3.6407 (+9.33%).

2014 Avg (November) 42.6624

2013 Avg (November) 39.0217

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.3653	37.9824	40.1346
February	39.3197	37.9221	38.6590
March	39.8714	37.8676	38.9003
April	39.3310	36.6489	37.7550
May	38.0848	37.2559	37.7772
June	37.3862	36.5224	36.8946
July	37.5030	36.5059	36.9549
August	37.2768	36.6303	37.0118
September	37.2218	35.5233	36.0697
October	42.4925	35.3609	38.5073
November	44.8472	40.7649	42.6624
December	44.6446	40.3204	41.8311