2018 TOP to MWK Historical Review

YEARLY HIGH

351.1943 MWK

YEARLY LOW

311.1429 MWK

YEARLY AVERAGE

321.1527 MWK

2018 TOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 14, valuing the pair at 351.1943. Conversely, the yearly low was recorded on July 3, dropping to 311.1429.

This high-to-low spread represents a total annual volatility of 40.0515 MWK. From a start-to-finish perspective, comparing the January average rate of 322.7594 to the December average rate of 328.6025, the exchange rate registered a net change of 1.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 351.1943 was up 5.35% compared to the 2017 peak of 333.3508, 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 1,755,972 MWK

2017 Average 1,601,825 MWK

Yearly Trough Low 1,555,714 MWK

Transaction Impact: A difference of 200,257.34 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

330.0877

312.2653

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 325.0057, compared to 317.2997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7061 points.

H1 Avg (Jan–Jun) 325.0057

H2 Avg (Jul–Dec) 317.2997

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 36.9452 MWK (High: 351.1943 / Low: 314.2491). On the other end, September was the most stable month, with a tight range of 0.7380 MWK (High: 314.8033 / Low: 314.0653).

June Spread (Volatile) ±36.9452

September Spread (Stable) ±0.7380

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 14.8162 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -14.8162

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2018: 328.5667) against the same month in 2017 (average: 319.2903), the exchange rate shifted by +9.2764 (+2.91%).

2018 Avg (June) 328.5667

2017 Avg (June) 319.2903

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	328.3163	319.9029	322.7594
February	329.9238	324.7946	327.6475
March	328.6410	323.7447	326.1611
April	329.2131	321.6181	326.3468
May	333.1000	313.2992	318.5526
June	351.1943	314.2491	328.5667
July	315.0897	311.1429	313.7505
August	314.7832	312.3058	314.4966
September	314.8033	314.0653	314.6990
October	316.1995	313.7928	315.3885
November	317.6393	315.7178	316.8607
December	341.3077	317.5289	328.6025