YEARLY HIGH
59.2373 MWK
YEARLY LOW
50.1130 MWK
YEARLY AVERAGE
54.5824 MWK

2017 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 59.2373. Conversely, the yearly low was recorded on November 13, dropping to 50.1130.

This high-to-low spread represents a total annual volatility of 9.1243 MWK. From a start-to-finish perspective, comparing the January average rate of 53.3853 to the December average rate of 55.5255, the exchange rate registered a net change of 4.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 59.2373 was up 9.61% compared to the 2016 peak of 54.0448, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 2,961,863 MWK
2016 Average 2,424,287 MWK
Yearly Trough Low 2,505,649 MWK
Transaction Impact: A difference of 456,214.24 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

56.8225
50.9896
JanuMarcMayJulySeptNove

ZAR 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 54.9614, compared to 54.2035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7579 points.

H1 Avg (Jan–Jun) 54.9614
H2 Avg (Jul–Dec) 54.2035

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 6.4579 MWK (High: 59.2373 / Low: 52.7794). On the other end, August was the most stable month, with a tight range of 2.2220 MWK (High: 55.8940 / Low: 53.6720).

December Spread (Volatile) ±6.4579
August Spread (Stable) ±2.2220

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.1710 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.1710

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 55.5255) against the same month in 2016 (average: 52.1710), the exchange rate shifted by +3.3545 (+6.43%).

2017 Avg (December) 55.5255
2016 Avg (December) 52.1710

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 54.8792 52.3390 53.3853
February 56.3167 53.7263 55.0531
March 58.5728 54.1802 56.1275
April 55.7513 52.0872 54.1005
May 56.5969 53.1656 54.7655
June 57.7848 55.3686 56.3364
July 56.2042 53.5133 55.2552
August 55.8940 53.6720 54.7930
September 56.7197 53.5207 55.1713
October 54.7349 50.9658 53.0003
November 53.1814 50.1130 51.4757
December 59.2373 52.7794 55.5255