2022 ZAR to MWK Historical Review

YEARLY HIGH

66.8015 MWK

YEARLY LOW

50.2836 MWK

YEARLY AVERAGE

56.8824 MWK

2022 ZAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the ZAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 8, valuing the pair at 66.8015. Conversely, the yearly low was recorded on May 9, dropping to 50.2836.

This high-to-low spread represents a total annual volatility of 16.5179 MWK. From a start-to-finish perspective, comparing the January average rate of 52.6603 to the December average rate of 59.2941, the exchange rate registered a net change of 12.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 66.8015 was up 12.38% compared to the 2021 peak of 59.4431, 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 3,340,076 MWK

2021 Average 2,706,561 MWK

Yearly Trough Low 2,514,181 MWK

Transaction Impact: A difference of 825,894.59 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

63.0045

50.3215

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 54.5695, compared to 59.1953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.6258 points.

H1 Avg (Jan–Jun) 54.5695

H2 Avg (Jul–Dec) 59.1953

Volatility Range Comparison

Volatility

The most volatile month in 2022 was June, with a trading range of 14.4426 MWK (High: 66.8015 / Low: 52.3589). On the other end, February was the most stable month, with a tight range of 1.7617 MWK (High: 53.5452 / Low: 51.7835).

June Spread (Volatile) ±14.4426

February Spread (Stable) ±1.7617

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 3.0672 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -3.0672

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2022: 61.9476) against the same month in 2021 (average: 57.4281), the exchange rate shifted by +4.5195 (+7.87%).

2022 Avg (June) 61.9476

2021 Avg (June) 57.4281

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.0865	50.8320	52.6603
February	53.5452	51.7835	52.9141
March	56.3708	52.2336	54.2469
April	56.0367	50.9337	54.2700
May	52.7628	50.2836	51.3784
June	66.8015	52.3589	61.9476
July	62.8467	59.8488	60.9852
August	63.1839	59.8111	61.3301
September	59.9303	56.6225	58.2629
October	58.2033	55.5390	56.5383
November	60.4139	55.5241	58.7613
December	60.5485	57.9172	59.2941