YEARLY HIGH
1159.4920 MWK
YEARLY LOW
1086.5912 MWK
YEARLY AVERAGE
1127.5555 MWK

2021 JOD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1159.4920. Conversely, the yearly low was recorded on January 6, dropping to 1086.5912.

This high-to-low spread represents a total annual volatility of 72.9009 MWK. From a start-to-finish perspective, comparing the January average rate of 1090.4434 to the December average rate of 1149.7589, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1159.4920 was up 6.42% compared to the 2020 peak of 1089.5628, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,797,460 MWK
2020 Average 5,248,049 MWK
Yearly Trough Low 5,432,956 MWK
Transaction Impact: A difference of 364,504.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1156.8445
1084.4069
JanuMarcMayJulySeptNove

JOD 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 1107.8734, compared to 1147.2376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 39.3642 points.

H1 Avg (Jan–Jun) 1107.8734
H2 Avg (Jul–Dec) 1147.2376

Volatility Range Comparison

Volatility

The most volatile month in 2021 was July, with a trading range of 24.1219 MWK (High: 1146.7857 / Low: 1122.6638). On the other end, November was the most stable month, with a tight range of 2.8651 MWK (High: 1152.3714 / Low: 1149.5063).

July Spread (Volatile) ±24.1219
November Spread (Stable) ±2.8651

Growth Streaks & Declines

Trends

Between January and October, 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 November and December, when the average rate fell by 0.8824 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.8824

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1149.7589) against the same month in 2020 (average: 1082.0018), the exchange rate shifted by +67.7571 (+6.26%).

2021 Avg (December) 1149.7589
2020 Avg (December) 1082.0018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1096.6150 1086.5912 1090.4434
February 1101.6699 1087.2641 1097.4969
March 1111.9336 1099.0444 1103.8434
April 1118.7397 1104.3444 1109.8121
May 1126.0091 1110.7193 1118.2418
June 1136.8180 1117.7715 1127.4031
July 1146.7857 1122.6638 1139.2588
August 1150.6841 1140.2685 1145.8240
September 1151.0112 1142.4542 1147.1348
October 1153.0324 1148.3848 1150.8080
November 1152.3714 1149.5063 1150.6413
December 1159.4920 1143.4010 1149.7589