2019 ZAR to MWK Historical Review

YEARLY HIGH

55.0490 MWK

YEARLY LOW

46.8979 MWK

YEARLY AVERAGE

50.8782 MWK

2019 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on July 15, valuing the pair at 55.0490. Conversely, the yearly low was recorded on August 25, dropping to 46.8979.

This high-to-low spread represents a total annual volatility of 8.1511 MWK. From a start-to-finish perspective, comparing the January average rate of 52.8717 to the December average rate of 51.0001, the exchange rate registered a net change of -3.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 55.0490 was down 12.46% compared to the 2018 peak of 62.8815, 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 2,752,448 MWK

2018 Average 2,771,248 MWK

Yearly Trough Low 2,344,894 MWK

Transaction Impact: A difference of 407,553.57 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

54.3939

47.7160

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 51.6185, compared to 50.1380 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.4804 points.

H1 Avg (Jan–Jun) 51.6185

H2 Avg (Jul–Dec) 50.1380

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 4.7035 MWK (High: 54.0708 / Low: 49.3673). On the other end, November was the most stable month, with a tight range of 1.2080 MWK (High: 50.0316 / Low: 48.8235).

June Spread (Volatile) ±4.7035

November Spread (Stable) ±1.2080

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 5.5649 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -5.5649

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2019: 53.8374) against the same month in 2018 (average: 54.2618), the exchange rate shifted by -0.4244 (-0.78%).

2019 Avg (July) 53.8374

2018 Avg (July) 54.2618

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.9160	51.5605	52.8717
February	54.6826	51.5754	52.7863
March	51.4204	49.5826	50.4493
April	52.4667	50.2559	51.4681
May	51.1837	48.6862	50.2678
June	54.0708	49.3673	51.8675
July	55.0490	51.6958	53.8374
August	50.8890	46.8979	48.2724
September	50.3394	47.5424	48.9383
October	50.2483	47.5402	49.2062
November	50.0316	48.8235	49.5735
December	52.6263	49.4597	51.0001