YEARLY HIGH
196.9880 MWK
YEARLY LOW
189.0516 MWK
YEARLY AVERAGE
192.9233 MWK

2021 MYR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 196.9880. Conversely, the yearly low was recorded on March 25, dropping to 189.0516.

This high-to-low spread represents a total annual volatility of 7.9364 MWK. From a start-to-finish perspective, comparing the January average rate of 191.4160 to the December average rate of 193.5373, the exchange rate registered a net change of 1.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 196.9880 was up 3.28% compared to the 2020 peak of 190.7391, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 3,939,759 MWK
2020 Average 3,545,267 MWK
Yearly Trough Low 3,781,031 MWK
Transaction Impact: A difference of 158,727.65 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

196.5418
189.8286
JanuMarcMayJulySeptNove

MYR 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 191.7302, compared to 194.1164 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3862 points.

H1 Avg (Jan–Jun) 191.7302
H2 Avg (Jul–Dec) 194.1164

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 4.3933 MWK (High: 194.8761 / Low: 190.4827). On the other end, October was the most stable month, with a tight range of 2.4116 MWK (High: 196.9880 / Low: 194.5764).

July Spread (Volatile) ±4.3933
October Spread (Stable) ±2.4116

Growth Streaks & Declines

Trends

Between March and June, 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 February and March, when the average rate fell by 1.8289 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8289

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 195.9824) against the same month in 2020 (average: 181.5700), the exchange rate shifted by +14.4123 (+7.94%).

2021 Avg (October) 195.9824
2020 Avg (October) 181.5700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 192.9603 190.5232 191.4160
February 193.3514 189.9397 192.2169
March 193.0599 189.0516 190.3880
April 193.5051 189.3164 190.8276
May 193.8425 190.3783 192.1641
June 194.9081 192.0290 193.3690
July 194.8761 190.4827 192.2557
August 195.5645 191.2912 192.5295
September 196.4987 193.7817 195.2329
October 196.9880 194.5764 195.9824
November 196.5995 192.4954 195.1608
December 195.3903 192.3718 193.5373