YEARLY HIGH
332.0356 MWK
YEARLY LOW
294.9524 MWK
YEARLY AVERAGE
315.4462 MWK

2016 TOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 332.0356. Conversely, the yearly low was recorded on January 5, dropping to 294.9524.

This high-to-low spread represents a total annual volatility of 37.0832 MWK. From a start-to-finish perspective, comparing the January average rate of 305.6377 to the December average rate of 317.5513, the exchange rate registered a net change of 3.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 332.0356 was up 11.71% compared to the 2015 peak of 297.2214, 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 1,660,178 MWK
2015 Average 1,172,142 MWK
Yearly Trough Low 1,474,762 MWK
Transaction Impact: A difference of 185,415.94 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

326.8590
303.7043
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 311.7497, compared to 319.1426 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.3928 points.

H1 Avg (Jan–Jun) 311.7497
H2 Avg (Jul–Dec) 319.1426

Volatility Range Comparison

Volatility

The most volatile month in 2016 was March, with a trading range of 26.8879 MWK (High: 327.8509 / Low: 300.9630). On the other end, September was the most stable month, with a tight range of 3.5299 MWK (High: 321.8575 / Low: 318.3276).

March Spread (Volatile) ±26.8879
September Spread (Stable) ±3.5299

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 14.3542 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -14.3542

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2016: 324.9295) against the same month in 2015 (average: 223.8477), the exchange rate shifted by +101.0818 (+45.16%).

2016 Avg (February) 324.9295
2015 Avg (February) 223.8477

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 319.3897 294.9524 305.6377
February 332.0356 310.0604 324.9295
March 327.8509 300.9630 310.5753
April 308.8240 300.6933 305.6338
May 312.4716 303.9524 309.1463
June 320.7549 304.4730 314.5758
July 317.7738 312.4523 315.1101
August 319.8670 315.3554 318.0019
September 321.8575 318.3276 319.6725
October 325.9976 318.5104 323.1663
November 329.3373 315.6520 321.3534
December 324.3110 308.3948 317.5513