YEARLY HIGH
128.9456 MWK
YEARLY LOW
118.5757 MWK
YEARLY AVERAGE
123.9191 MWK

2021 CNY to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CNY to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 128.9456. Conversely, the yearly low was recorded on January 3, dropping to 118.5757.

This high-to-low spread represents a total annual volatility of 10.3699 MWK. From a start-to-finish perspective, comparing the January average rate of 119.4009 to the December average rate of 127.9674, the exchange rate registered a net change of 7.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 128.9456 was up 9.24% compared to the 2020 peak of 118.0405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 CNY based on timing:

Yearly Peak High 3,223,640 MWK
2020 Average 2,698,598 MWK
Yearly Trough Low 2,964,392 MWK
Transaction Impact: A difference of 259,248.13 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

128.8241
118.5442
JanuMarcMayJulySeptNove

CNY 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 121.3765, compared to 126.4617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0852 points.

H1 Avg (Jan–Jun) 121.3765
H2 Avg (Jul–Dec) 126.4617

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 3.2049 MWK (High: 122.5456 / Low: 119.3407). On the other end, November was the most stable month, with a tight range of 1.0966 MWK (High: 128.3393 / Low: 127.2427).

April Spread (Volatile) ±3.2049
November Spread (Stable) ±1.0966

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1642 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1642

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 127.9674) against the same month in 2020 (average: 117.2855), the exchange rate shifted by +10.6819 (+9.11%).

2021 Avg (December) 127.9674
2020 Avg (December) 117.2855

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 120.9608 118.5757 119.4009
February 121.3619 119.1122 120.3428
March 120.9777 119.4404 120.1786
April 122.5456 119.3407 120.6264
May 125.2082 122.3356 123.3184
June 125.2844 123.1966 124.3922
July 125.9326 122.9656 124.7169
August 125.8325 124.6784 125.3985
September 126.5137 125.2668 125.9442
October 128.0365 126.2979 127.0692
November 128.3393 127.2427 127.6742
December 128.9456 127.2639 127.9674