YEARLY HIGH
293.8358 MWK
YEARLY LOW
280.0859 MWK
YEARLY AVERAGE
287.8189 MWK

2021 TND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 293.8358. Conversely, the yearly low was recorded on April 10, dropping to 280.0859.

This high-to-low spread represents a total annual volatility of 13.7499 MWK. From a start-to-finish perspective, comparing the January average rate of 286.5425 to the December average rate of 283.3462, the exchange rate registered a net change of -1.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 293.8358 was up 2.33% compared to the 2020 peak of 287.1579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,469,179 MWK
2020 Average 1,327,424 MWK
Yearly Trough Low 1,400,430 MWK
Transaction Impact: A difference of 68,749.30 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

292.1972
282.5415
JanuMarcMayJulySeptNove

TND 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 287.2411, compared to 288.3968 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1557 points.

H1 Avg (Jan–Jun) 287.2411
H2 Avg (Jul–Dec) 288.3968

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 9.6454 MWK (High: 289.7313 / Low: 280.0859). On the other end, September was the most stable month, with a tight range of 3.2118 MWK (High: 292.4458 / Low: 289.2341).

April Spread (Volatile) ±9.6454
September Spread (Stable) ±3.2118

Growth Streaks & Declines

Trends

Between March and June, 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 October and November, when the average rate fell by 3.1000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -3.1000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2021: 291.3926) against the same month in 2020 (average: 272.5236), the exchange rate shifted by +18.8690 (+6.92%).

2021 Avg (August) 291.3926
2020 Avg (August) 272.5236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 287.8366 284.1530 286.5425
February 288.4890 281.5964 286.7861
March 287.1455 281.0317 284.2178
April 289.7313 280.0859 284.8268
May 292.9795 287.1544 290.3426
June 292.6650 287.3667 290.7308
July 292.2262 287.1978 289.9793
August 293.8358 288.3659 291.3926
September 292.4458 289.2341 291.0617
October 290.2721 287.0456 288.8505
November 290.1983 281.6017 285.7505
December 287.5224 281.7126 283.3462