YEARLY HIGH
266.1795 MWK
YEARLY LOW
227.3385 MWK
YEARLY AVERAGE
248.9425 MWK

2021 GEL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 266.1795. Conversely, the yearly low was recorded on April 21, dropping to 227.3385.

This high-to-low spread represents a total annual volatility of 38.8410 MWK. From a start-to-finish perspective, comparing the January average rate of 234.0620 to the December average rate of 263.2094, the exchange rate registered a net change of 12.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 266.1795 was up 0.35% compared to the 2020 peak of 265.2394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,330,898 MWK
2020 Average 1,197,756 MWK
Yearly Trough Low 1,136,693 MWK
Transaction Impact: A difference of 194,205.05 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

266.6212
225.6791
JanuMarcMayJulySeptNove

GEL 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 236.8410, compared to 261.0441 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 24.2031 points.

H1 Avg (Jan–Jun) 236.8410
H2 Avg (Jul–Dec) 261.0441

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 15.8332 MWK (High: 244.7637 / Low: 228.9305). On the other end, September was the most stable month, with a tight range of 1.9539 MWK (High: 262.8235 / Low: 260.8696).

May Spread (Volatile) ±15.8332
September Spread (Stable) ±1.9539

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 5.4830 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -5.4830

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 263.2094) against the same month in 2020 (average: 232.8582), the exchange rate shifted by +30.3512 (+13.03%).

2021 Avg (December) 263.2094
2020 Avg (December) 232.8582

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 236.1569 232.7472 234.0620
February 236.7223 232.5400 234.7599
March 236.0890 230.5408 234.5739
April 230.4911 227.3385 229.0909
May 244.7637 228.9305 235.1151
June 257.0821 244.0665 253.4439
July 264.2325 252.2880 258.7867
August 264.4522 260.1926 262.0078
September 262.8235 260.8696 261.6993
October 262.1196 258.7302 260.4265
November 263.8045 257.8777 260.1347
December 266.1795 261.3155 263.2094