YEARLY HIGH
1.9234 MWK
YEARLY LOW
1.8078 MWK
YEARLY AVERAGE
1.8738 MWK

2021 KZT to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 22, valuing the pair at 1.9234. Conversely, the yearly low was recorded on April 8, dropping to 1.8078.

This high-to-low spread represents a total annual volatility of 0.1156 MWK. From a start-to-finish perspective, comparing the January average rate of 1.8368 to the December average rate of 1.8666, the exchange rate registered a net change of 1.63% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9234 was down 1.77% compared to the 2020 peak of 1.9579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,617 MWK
2020 Average 9,004 MWK
Yearly Trough Low 9,039 MWK
Transaction Impact: A difference of 577.82 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.9235
1.8211
JanuMarcMayJulySeptNove

KZT 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 1.8510, compared to 1.8965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0455 points.

H1 Avg (Jan–Jun) 1.8510
H2 Avg (Jul–Dec) 1.8965

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0588 MWK (High: 1.8818 / Low: 1.8229). On the other end, September was the most stable month, with a tight range of 0.0180 MWK (High: 1.9209 / Low: 1.9029).

February Spread (Volatile) ±0.0588
September Spread (Stable) ±0.0180

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0306 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0306

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.9150) against the same month in 2020 (average: 1.7544), the exchange rate shifted by +0.1606 (+9.15%).

2021 Avg (October) 1.9150
2020 Avg (October) 1.7544

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8479 1.8198 1.8368
February 1.8818 1.8229 1.8573
March 1.8725 1.8431 1.8602
April 1.8520 1.8078 1.8297
May 1.8678 1.8332 1.8524
June 1.8889 1.8526 1.8698
July 1.9106 1.8701 1.8920
August 1.9164 1.8970 1.9069
September 1.9209 1.9029 1.9096
October 1.9234 1.9040 1.9150
November 1.9088 1.8558 1.8888
December 1.8770 1.8540 1.8666