YEARLY HIGH
91.3342 MWK
YEARLY LOW
85.5968 MWK
YEARLY AVERAGE
88.9267 MWK

2021 MAD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 1, valuing the pair at 91.3342. Conversely, the yearly low was recorded on February 4, dropping to 85.5968.

This high-to-low spread represents a total annual volatility of 5.7375 MWK. From a start-to-finish perspective, comparing the January average rate of 86.8107 to the December average rate of 88.0739, the exchange rate registered a net change of 1.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 91.3342 was up 5.39% compared to the 2020 peak of 86.6629, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 456,671 MWK
2020 Average 392,529 MWK
Yearly Trough Low 427,984 MWK
Transaction Impact: A difference of 28,687.29 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

91.0767
86.4229
JanuMarcMayJulySeptNove

MAD 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 88.0461, compared to 89.8073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7612 points.

H1 Avg (Jan–Jun) 88.0461
H2 Avg (Jul–Dec) 89.8073

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 2.5318 MWK (High: 89.1811 / Low: 86.6494). On the other end, October was the most stable month, with a tight range of 0.6678 MWK (High: 90.4480 / Low: 89.7801).

April Spread (Volatile) ±2.5318
October Spread (Stable) ±0.6678

Growth Streaks & Declines

Trends

Between March and September, 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 October and November, when the average rate fell by 1.0513 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -1.0513

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 90.5715) against the same month in 2020 (average: 80.7625), the exchange rate shifted by +9.8090 (+12.15%).

2021 Avg (August) 90.5715
2020 Avg (August) 80.7625

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.7643 86.0692 86.8107
February 87.8542 85.5968 86.9837
March 87.5672 86.4013 86.8980
April 89.1811 86.6494 87.8749
May 90.4704 88.3686 89.5502
June 90.6676 89.2807 90.1588
July 91.1208 89.2336 90.3411
August 91.3342 90.1561 90.5715
September 91.1142 89.9687 90.6889
October 90.4480 89.7801 90.1099
November 90.0006 88.1308 89.0586
December 88.6687 87.4149 88.0739