2018 ZAR to MWK Historical Review

YEARLY HIGH

62.8815 MWK

YEARLY LOW

47.1707 MWK

YEARLY AVERAGE

55.4616 MWK

2018 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 25, valuing the pair at 62.8815. Conversely, the yearly low was recorded on September 5, dropping to 47.1707.

This high-to-low spread represents a total annual volatility of 15.7108 MWK. From a start-to-finish perspective, comparing the January average rate of 59.5070 to the December average rate of 52.3768, the exchange rate registered a net change of -11.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 62.8815 was up 6.15% compared to the 2017 peak of 59.2373, 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 3,144,073 MWK

2017 Average 2,729,099 MWK

Yearly Trough Low 2,358,535 MWK

Transaction Impact: A difference of 785,538.37 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

62.5897

48.1771

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 59.3595, compared to 51.5638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.7957 points.

H1 Avg (Jan–Jun) 59.3595

H2 Avg (Jul–Dec) 51.5638

Volatility Range Comparison

Volatility

The most volatile month in 2018 was June, with a trading range of 7.4726 MWK (High: 59.9986 / Low: 52.5260). On the other end, March was the most stable month, with a tight range of 1.9162 MWK (High: 62.2611 / Low: 60.3449).

June Spread (Volatile) ±7.4726

March Spread (Stable) ±1.9162

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 2.4956 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.4956

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 61.3887) against the same month in 2017 (average: 55.0531), the exchange rate shifted by +6.3355 (+11.51%).

2018 Avg (February) 61.3887

2017 Avg (February) 55.0531

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	61.3022	58.2436	59.5070
February	62.8815	59.6761	61.3887
March	62.2611	60.3449	61.2292
April	61.2902	58.2885	59.9728
May	59.1759	56.3858	57.5631
June	59.9986	52.5260	56.4962
July	55.4032	52.5246	54.2618
August	54.9485	49.4584	51.7662
September	51.5098	47.1707	49.3781
October	51.2822	48.9213	49.9943
November	53.2104	50.2641	51.6054
December	55.5452	50.5038	52.3768