YEARLY HIGH
5.5716 MWK
YEARLY LOW
5.1387 MWK
YEARLY AVERAGE
5.3085 MWK

2021 JMD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 5.5716. Conversely, the yearly low was recorded on May 1, dropping to 5.1387.

This high-to-low spread represents a total annual volatility of 0.4329 MWK. From a start-to-finish perspective, comparing the January average rate of 5.3624 to the December average rate of 5.2802, the exchange rate registered a net change of -1.53% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 5.5716 was down 0.81% compared to the 2020 peak of 5.6171, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 27,858 MWK
2020 Average 26,232 MWK
Yearly Trough Low 25,693 MWK
Transaction Impact: A difference of 2,164.56 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

5.4695
5.1692
JanuMarcMayJulySeptNove

JMD 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 5.2891, compared to 5.3279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0388 points.

H1 Avg (Jan–Jun) 5.2891
H2 Avg (Jul–Dec) 5.3279

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.2910 MWK (High: 5.5716 / Low: 5.2806). On the other end, November was the most stable month, with a tight range of 0.0533 MWK (High: 5.2805 / Low: 5.2271).

October Spread (Volatile) ±0.2910
November Spread (Stable) ±0.0533

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1817 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.1817

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 5.4296) against the same month in 2020 (average: 5.2188), the exchange rate shifted by +0.2108 (+4.04%).

2021 Avg (October) 5.4296
2020 Avg (October) 5.2188

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.4311 5.2640 5.3624
February 5.2774 5.1395 5.1943
March 5.4284 5.1686 5.3098
April 5.3948 5.1517 5.2628
May 5.3495 5.1387 5.2613
June 5.3785 5.2852 5.3438
July 5.4078 5.1963 5.2863
August 5.3651 5.2251 5.2791
September 5.5377 5.3669 5.4445
October 5.5716 5.2806 5.4296
November 5.2805 5.2271 5.2479
December 5.3377 5.2460 5.2802