YEARLY HIGH
7.8951 MWK
YEARLY LOW
6.9883 MWK
YEARLY AVERAGE
7.2040 MWK

2018 KES to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the KES to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 7.8951. Conversely, the yearly low was recorded on January 3, dropping to 6.9883.

This high-to-low spread represents a total annual volatility of 0.9068 MWK. From a start-to-finish perspective, comparing the January average rate of 7.0498 to the December average rate of 7.3223, the exchange rate registered a net change of 3.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.8951 was up 10.87% compared to the 2017 peak of 7.1213, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 39,476 MWK
2017 Average 35,087 MWK
Yearly Trough Low 34,942 MWK
Transaction Impact: A difference of 4,533.97 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.4704
7.0115
JanuMarcMayJulySeptNove

KES 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 7.1976, compared to 7.2104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0128 points.

H1 Avg (Jan–Jun) 7.1976
H2 Avg (Jul–Dec) 7.2104

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 0.8037 MWK (High: 7.8951 / Low: 7.0915). On the other end, September was the most stable month, with a tight range of 0.0368 MWK (High: 7.2246 / Low: 7.1877).

June Spread (Volatile) ±0.8037
September Spread (Stable) ±0.0368

Growth Streaks & Declines

Trends

Between January and April, 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 June and July, when the average rate fell by 0.2164 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2164

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 7.4321) against the same month in 2017 (average: 7.0206), the exchange rate shifted by +0.4116 (+5.86%).

2018 Avg (June) 7.4321
2017 Avg (June) 7.0206

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.1043 6.9883 7.0498
February 7.1975 7.1178 7.1539
March 7.2029 7.1339 7.1687
April 7.3703 7.1416 7.2135
May 7.4534 7.0879 7.1677
June 7.8951 7.0915 7.4321
July 7.2679 7.1873 7.2157
August 7.2405 7.1622 7.2176
September 7.2246 7.1877 7.2102
October 7.2231 7.1363 7.1916
November 7.1767 7.0490 7.1052
December 7.6206 7.0907 7.3223