YEARLY HIGH
18.6657 IDR
YEARLY LOW
17.2042 IDR
YEARLY AVERAGE
17.9021 IDR

2021 MWK to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 10, valuing the pair at 18.6657. Conversely, the yearly low was recorded on October 16, dropping to 17.2042.

This high-to-low spread represents a total annual volatility of 1.4615 IDR. From a start-to-finish perspective, comparing the January average rate of 18.1874 to the December average rate of 17.5726, the exchange rate registered a net change of -3.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 18.6657 was down 19.46% compared to the 2020 peak of 23.1771, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 93,329 IDR
2020 Average 97,754 IDR
Yearly Trough Low 86,021 IDR
Transaction Impact: A difference of 7,307.57 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

18.5881
17.2858
JanuMarcMayJulySeptNove

MWK to IDR 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 18.1909, compared to 17.6133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5776 points.

H1 Avg (Jan–Jun) 18.1909
H2 Avg (Jul–Dec) 17.6133

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5259 IDR (High: 18.2258 / Low: 17.6999). On the other end, September was the most stable month, with a tight range of 0.1557 IDR (High: 17.6091 / Low: 17.4533).

June Spread (Volatile) ±0.5259
September Spread (Stable) ±0.1557

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4249 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.4249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 18.4796) against the same month in 2020 (average: 21.4059), the exchange rate shifted by -2.9263 (-13.67%).

2021 Avg (April) 18.4796
2020 Avg (April) 21.4059

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 18.3484 17.9584 18.1874
February 18.3536 17.9141 18.0675
March 18.5729 18.2332 18.3911
April 18.6657 18.2181 18.4796
May 18.2900 17.7717 18.0547
June 18.2258 17.6999 17.9648
July 18.2581 17.7560 17.9577
August 17.8434 17.5548 17.7078
September 17.6091 17.4533 17.5343
October 17.5550 17.2042 17.3943
November 17.6737 17.3958 17.5131
December 17.8233 17.3905 17.5726