YEARLY HIGH
0.5532 KZT
YEARLY LOW
0.5199 KZT
YEARLY AVERAGE
0.5338 KZT

2021 MWK to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on April 8, valuing the pair at 0.5532. Conversely, the yearly low was recorded on October 22, dropping to 0.5199.

This high-to-low spread represents a total annual volatility of 0.0332 KZT. From a start-to-finish perspective, comparing the January average rate of 0.5444 to the December average rate of 0.5357, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5532 was down 10.89% compared to the 2020 peak of 0.6208, 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 2,766 KZT
2020 Average 2,782 KZT
Yearly Trough Low 2,600 KZT
Transaction Impact: A difference of 166.18 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5490
0.5198
JanuMarcMayJulySeptNove

MWK to KZT 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 0.5403, compared to 0.5273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0129 points.

H1 Avg (Jan–Jun) 0.5403
H2 Avg (Jul–Dec) 0.5273

Volatility Range Comparison

Volatility

The most volatile month in 2021 was February, with a trading range of 0.0172 KZT (High: 0.5486 / Low: 0.5314). On the other end, September was the most stable month, with a tight range of 0.0049 KZT (High: 0.5255 / Low: 0.5206).

February Spread (Volatile) ±0.0172
September Spread (Stable) ±0.0049

Growth Streaks & Declines

Trends

Between October and December, 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 0.0067 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0067

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 0.5466) against the same month in 2020 (average: 0.5887), the exchange rate shifted by -0.0421 (-7.15%).

2021 Avg (April) 0.5466
2020 Avg (April) 0.5887

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5495 0.5411 0.5444
February 0.5486 0.5314 0.5385
March 0.5426 0.5341 0.5376
April 0.5532 0.5400 0.5466
May 0.5455 0.5354 0.5399
June 0.5398 0.5294 0.5348
July 0.5347 0.5234 0.5286
August 0.5271 0.5218 0.5244
September 0.5255 0.5206 0.5237
October 0.5252 0.5199 0.5222
November 0.5388 0.5239 0.5295
December 0.5394 0.5328 0.5357