2020 ZAR to MWK Historical Review

YEARLY HIGH

52.9829 MWK

YEARLY LOW

38.2413 MWK

YEARLY AVERAGE

45.4877 MWK

2020 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 52.9829. Conversely, the yearly low was recorded on April 5, dropping to 38.2413.

This high-to-low spread represents a total annual volatility of 14.7415 MWK. From a start-to-finish perspective, comparing the January average rate of 51.1126 to the December average rate of 51.5976, the exchange rate registered a net change of 0.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 52.9829 was down 3.75% compared to the 2019 peak of 55.0490, 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 2,649,143 MWK

2019 Average 2,543,355 MWK

Yearly Trough Low 1,912,067 MWK

Transaction Impact: A difference of 737,076.32 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

52.8044

38.3238

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 44.5487, compared to 46.4266 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.8780 points.

H1 Avg (Jan–Jun) 44.5487

H2 Avg (Jul–Dec) 46.4266

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 7.5517 MWK (High: 48.2894 / Low: 40.7378). On the other end, October was the most stable month, with a tight range of 1.7799 MWK (High: 46.6805 / Low: 44.9006).

March Spread (Volatile) ±7.5517

October Spread (Stable) ±1.7799

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 March and April, when the average rate fell by 4.6792 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.6792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 51.5976) against the same month in 2019 (average: 51.0001), the exchange rate shifted by +0.5975 (+1.17%).

2020 Avg (December) 51.5976

2019 Avg (December) 51.0001

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	52.8342	48.9776	51.1126
February	49.5801	47.0660	48.7949
March	48.2894	40.7378	44.2097
April	40.8347	38.2413	39.5305
May	42.3831	38.7434	40.5649
June	44.6578	42.2304	43.0795
July	45.1296	42.8768	43.9610
August	45.2136	41.9059	43.3154
September	46.5623	43.8561	44.8382
October	46.6805	44.9006	45.8681
November	50.1168	46.4524	48.9796
December	52.9829	50.0974	51.5976