2011 TOP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 TOP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 19, valuing the pair at 99.1746. Conversely, the yearly low was recorded on January 13, dropping to 80.2253.
This high-to-low spread represents a total annual volatility of 18.9493 MWK. From a start-to-finish perspective, comparing the January average rate of 81.3606 to the December average rate of 94.5179, the exchange rate registered a net change of 16.17% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 99.1746 was up 20.18% compared to the 2010 peak of 82.5189, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
TOP to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 83.3038, compared to 94.9327 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.6288 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was July, with a trading range of 6.9821 MWK (High: 94.3162 / Low: 87.3341). On the other end, February was the most stable month, with a tight range of 0.8668 MWK (High: 82.3127 / Low: 81.4459).
Growth Streaks & Declines
TrendsBetween March and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.9009 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2011: 96.7094) against the same month in 2010 (average: 77.8905), the exchange rate shifted by +18.8189 (+24.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 82.1862 | 80.2253 | 81.3606 |
| February | 82.3127 | 81.4459 | 81.8532 |
| March | 82.5067 | 81.1232 | 81.5728 |
| April | 85.0385 | 81.1534 | 82.6892 |
| May | 86.4629 | 84.8900 | 85.6366 |
| June | 87.9201 | 85.7366 | 86.7107 |
| July | 94.3162 | 87.3341 | 89.9047 |
| August | 97.5801 | 91.9610 | 95.3013 |
| September | 99.1746 | 94.4767 | 96.7094 |
| October | 99.1175 | 93.9648 | 96.7440 |
| November | 98.5607 | 91.8390 | 96.4188 |
| December | 96.5084 | 92.7415 | 94.5179 |