YEARLY HIGH
1135.3601 MWK
YEARLY LOW
1045.2561 MWK
YEARLY AVERAGE
1099.6600 MWK

2021 FKP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 29, valuing the pair at 1135.3601. Conversely, the yearly low was recorded on January 11, dropping to 1045.2561.

This high-to-low spread represents a total annual volatility of 90.1039 MWK. From a start-to-finish perspective, comparing the January average rate of 1054.7030 to the December average rate of 1084.8799, the exchange rate registered a net change of 2.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1135.3601 was up 7.79% compared to the 2020 peak of 1053.3077, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,676,800 MWK
2020 Average 4,777,920 MWK
Yearly Trough Low 5,226,281 MWK
Transaction Impact: A difference of 450,519.69 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1127.2591
1048.1070
JanuMarcMayJulySeptNove

FKP 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 1090.5924, compared to 1108.7276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 18.1352 points.

H1 Avg (Jan–Jun) 1090.5924
H2 Avg (Jul–Dec) 1108.7276

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 50.4709 MWK (High: 1104.4290 / Low: 1053.9581). On the other end, March was the most stable month, with a tight range of 16.8120 MWK (High: 1093.8204 / Low: 1077.0084).

February Spread (Volatile) ±50.4709
March Spread (Stable) ±16.8120

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 19.9037 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -19.9037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2021: 1115.9184) against the same month in 2020 (average: 933.6261), the exchange rate shifted by +182.2923 (+19.53%).

2021 Avg (July) 1115.9184
2020 Avg (July) 933.6261

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1065.5838 1045.2561 1054.7030
February 1104.4290 1053.9581 1079.4353
March 1093.8204 1077.0084 1084.5265
April 1106.9520 1073.1916 1088.7243
May 1134.6449 1094.8459 1116.1157
June 1133.5807 1097.2161 1120.0494
July 1135.3601 1100.9035 1115.9184
August 1132.1749 1104.3565 1120.6631
September 1126.8422 1095.2285 1117.5511
October 1128.6157 1103.9172 1116.6283
November 1116.4370 1085.9224 1096.7246
December 1101.4647 1074.5249 1084.8799