YEARLY HIGH
1.4437 MWK
YEARLY LOW
1.1962 MWK
YEARLY AVERAGE
1.2959 MWK

2020 XAF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the XAF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1.4437. Conversely, the yearly low was recorded on March 19, dropping to 1.1962.

This high-to-low spread represents a total annual volatility of 0.2475 MWK. From a start-to-finish perspective, comparing the January average rate of 1.2462 to the December average rate of 1.4235, the exchange rate registered a net change of 14.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.4437 was up 5.64% compared to the 2019 peak of 1.3666, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,219 MWK
2019 Average 6,268 MWK
Yearly Trough Low 5,981 MWK
Transaction Impact: A difference of 1,237.64 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.4439
1.1989
JanuMarcMayJulySeptNove

XAF 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 1.2371, compared to 1.3546 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1175 points.

H1 Avg (Jan–Jun) 1.2371
H2 Avg (Jul–Dec) 1.3546

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0835 MWK (High: 1.2797 / Low: 1.1962). On the other end, April was the most stable month, with a tight range of 0.0255 MWK (High: 1.2335 / Low: 1.2080).

March Spread (Volatile) ±0.0835
April Spread (Stable) ±0.0255

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0239 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0239

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.4235) against the same month in 2019 (average: 1.2429), the exchange rate shifted by +0.1805 (+14.53%).

2020 Avg (December) 1.4235
2019 Avg (December) 1.2429

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2659 1.2338 1.2462
February 1.2450 1.2053 1.2224
March 1.2797 1.1962 1.2429
April 1.2335 1.2080 1.2193
May 1.2504 1.2107 1.2267
June 1.2788 1.2523 1.2653
July 1.3399 1.2600 1.2876
August 1.3613 1.3222 1.3448
September 1.3600 1.3316 1.3470
October 1.3654 1.3397 1.3524
November 1.3953 1.3377 1.3726
December 1.4437 1.4057 1.4235