2019 TOP to MWK Historical Review

YEARLY HIGH

348.7788 MWK

YEARLY LOW

308.7778 MWK

YEARLY AVERAGE

320.5910 MWK

2019 TOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 348.7788. Conversely, the yearly low was recorded on September 23, dropping to 308.7778.

This high-to-low spread represents a total annual volatility of 40.0010 MWK. From a start-to-finish perspective, comparing the January average rate of 322.5576 to the December average rate of 319.0481, the exchange rate registered a net change of -1.09% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 348.7788 was down 0.69% compared to the 2018 peak of 351.1943, 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 1,743,894 MWK

2018 Average 1,605,471 MWK

Yearly Trough Low 1,543,889 MWK

Transaction Impact: A difference of 200,004.95 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

334.1708

312.0449

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 322.2216, compared to 318.9603 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.2613 points.

H1 Avg (Jan–Jun) 322.2216

H2 Avg (Jul–Dec) 318.9603

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 32.0722 MWK (High: 345.4050 / Low: 313.3328). On the other end, March was the most stable month, with a tight range of 3.5046 MWK (High: 322.6517 / Low: 319.1471).

June Spread (Volatile) ±32.0722

March Spread (Stable) ±3.5046

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 July and August, when the average rate fell by 15.5783 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -15.5783

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 322.5576) against the same month in 2018 (average: 322.7594), the exchange rate shifted by -0.2018 (-0.06%).

2019 Avg (January) 322.5576

2018 Avg (January) 322.7594

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	348.7788	317.1720	322.5576
February	324.4586	320.5165	322.7359
March	322.6517	319.1471	320.9186
April	327.9433	317.3266	320.8176
May	322.5122	312.4313	316.1788
June	345.4050	313.3328	330.1210
July	336.7988	323.4451	332.3270
August	328.9195	310.3009	316.7487
September	319.7402	308.7778	313.8888
October	317.2458	312.9438	315.1703
November	320.5305	314.6877	316.5791
December	323.8520	314.4177	319.0481