YEARLY HIGH
62.6671 MWK
YEARLY LOW
46.9090 MWK
YEARLY AVERAGE
55.4829 MWK

2018 SZL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SZL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 62.6671. Conversely, the yearly low was recorded on September 5, dropping to 46.9090.

This high-to-low spread represents a total annual volatility of 15.7581 MWK. From a start-to-finish perspective, comparing the January average rate of 59.4656 to the December average rate of 52.5735, the exchange rate registered a net change of -11.59% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 62.6671 was up 6.13% compared to the 2017 peak of 59.0463, 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 313,335 MWK
2017 Average 272,812 MWK
Yearly Trough Low 234,545 MWK
Transaction Impact: A difference of 78,790.55 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

62.4529
48.1489
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 59.3605, compared to 51.6053 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7552 points.

H1 Avg (Jan–Jun) 59.3605
H2 Avg (Jul–Dec) 51.6053

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 8.1082 MWK (High: 60.5634 / Low: 52.4551). On the other end, March was the most stable month, with a tight range of 1.8562 MWK (High: 62.2405 / Low: 60.3843).

June Spread (Volatile) ±8.1082
March Spread (Stable) ±1.8562

Growth Streaks & Declines

Trends

Between September and December, 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 2.5518 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.5518

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 61.2609) against the same month in 2017 (average: 54.9303), the exchange rate shifted by +6.3306 (+11.52%).

2018 Avg (February) 61.2609
2017 Avg (February) 54.9303

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 61.2597 57.7983 59.4656
February 62.6671 59.6234 61.2609
March 62.2405 60.3843 61.2109
April 61.4240 58.2902 60.0290
May 60.4572 56.4404 57.5241
June 60.5634 52.4551 56.6722
July 55.4256 52.5041 54.1686
August 54.8667 49.6619 51.8928
September 51.4806 46.9090 49.3409
October 51.4373 48.8217 50.0669
November 53.0810 50.0059 51.5888
December 56.3110 50.8721 52.5735