2014 TOP to MWK Historical Review

YEARLY HIGH

252.6772 MWK

YEARLY LOW

200.1154 MWK

YEARLY AVERAGE

221.8254 MWK

2014 TOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 252.6772. Conversely, the yearly low was recorded on October 12, dropping to 200.1154.

This high-to-low spread represents a total annual volatility of 52.5619 MWK. From a start-to-finish perspective, comparing the January average rate of 233.9167 to the December average rate of 244.9814, the exchange rate registered a net change of 4.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 252.6772 was up 6.04% compared to the 2013 peak of 238.2848, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,263,386 MWK

2013 Average 1,017,446 MWK

Yearly Trough Low 1,000,577 MWK

Transaction Impact: A difference of 262,809.26 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

248.6980

204.0989

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 221.2577, compared to 222.3931 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1354 points.

H1 Avg (Jan–Jun) 221.2577

H2 Avg (Jul–Dec) 222.3931

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 35.8024 MWK (High: 235.9177 / Low: 200.1154). On the other end, June was the most stable month, with a tight range of 4.3025 MWK (High: 213.6931 / Low: 209.3906).

October Spread (Volatile) ±35.8024

June Spread (Stable) ±4.3025

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 7.5645 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -7.5645

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 244.9814) against the same month in 2013 (average: 226.8113), the exchange rate shifted by +18.1702 (+8.01%).

2014 Avg (December) 244.9814

2013 Avg (December) 226.8113

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	242.5488	225.2720	233.9167
February	230.0014	225.1879	227.0116
March	228.0966	220.0764	225.0848
April	224.3077	209.8936	217.5204
May	217.0056	210.1376	212.2087
June	213.6931	209.3906	211.8039
July	219.4436	211.9313	213.8843
August	216.2377	208.8039	212.4993
September	213.0681	204.5670	207.8155
October	235.9177	200.1154	217.5048
November	249.7544	228.7903	237.6732
December	252.6772	236.7570	244.9814