YEARLY HIGH
444.6239 MWK
YEARLY LOW
347.1217 MWK
YEARLY AVERAGE
399.6260 MWK

2022 TOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 444.6239. Conversely, the yearly low was recorded on May 14, dropping to 347.1217.

This high-to-low spread represents a total annual volatility of 97.5022 MWK. From a start-to-finish perspective, comparing the January average rate of 358.6341 to the December average rate of 436.8444, the exchange rate registered a net change of 21.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 444.6239 was up 21.59% compared to the 2021 peak of 365.6798, 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 2,223,119 MWK
2021 Average 1,764,772 MWK
Yearly Trough Low 1,735,608 MWK
Transaction Impact: A difference of 487,511.07 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

446.9502
342.9185
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 367.4313, compared to 431.8206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 64.3893 points.

H1 Avg (Jan–Jun) 367.4313
H2 Avg (Jul–Dec) 431.8206

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 90.7589 MWK (High: 444.6239 / Low: 353.8649). On the other end, January was the most stable month, with a tight range of 4.7955 MWK (High: 360.8457 / Low: 356.0502).

June Spread (Volatile) ±90.7589
January Spread (Stable) ±4.7955

Growth Streaks & Declines

Trends

Between May and August, 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 September and October, when the average rate fell by 8.9706 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.9706

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 421.4971) against the same month in 2021 (average: 357.6468), the exchange rate shifted by +63.8503 (+17.85%).

2022 Avg (June) 421.4971
2021 Avg (June) 357.6468

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 360.8457 356.0502 358.6341
February 359.4011 350.0653 355.5293
March 364.3504 353.6797 358.3435
April 363.5751 351.7739 358.9961
May 360.5176 347.1217 351.5878
June 444.6239 353.8649 421.4971
July 439.3357 433.2809 436.1417
August 442.4285 434.1824 438.2809
September 435.9757 421.9628 429.5880
October 426.0186 415.4933 420.6175
November 435.3903 417.5552 429.4511
December 440.9891 432.2968 436.8444