2024-05-07 Kwacha News

Summary of Last Month

  • Opening:
  • Closing:
  • Difference of Opening & Closing:
  • Daily High:
  • Daily Low:
  • Difference of Daily High & Low:

Statistical Measures

  • Mean:
  • Standard Deviation:


1. Overall Trend Analysis

From the data points provided, the exchange rates were observed to be generally consistent, with a minor discrepancy at some points. The exchange rate remained constant at 0.00079 for most of the duration. However, there are instances where the rate dropped slightly to 0.00078. This duration of drop is relatively short, hinting that it may not signify a trend but rather a random fluctuation.

2. Seasonality or Recurring Patterns

With regards to recurring patterns or seasonality, the data does not suggest significant fluctuations indicating such. The minor decrease to 0.00078 seems to occur at non-specific intervals. Hence, it could be concluded that the data does not display a noticeable trend in temporal pattern or seasonality.

3. Identification of Outliers

From the data provided, the few instances where the exchange rate dropped to 0.00078 could be considered as outliers since they deviate from the stable rate of 0.00079. However, given the slight difference in exchange value (0.00001), it may not be significant enough to impact economic decisions.

4. External Factors

As per the requirements, I have not considered any external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. These factors can significantly influence exchange rates; thus, the analysis provided is purely based on the presented data.


Based on the analysis, the data shows a consistent exchange rate with exceptions of minor decreases which could constitute outliers. However, these changes are slight and may not significantly impact the overall trend. The lack of a clear seasonal or recurring pattern in the data reduces predictability for future exchange rates.


Please note that this analysis is confined purely to the historical data provided and does not factor potential future events or external market factors that may have an impact on the exchange rate.

t Expectations The financial world took notice on May 6, 2024, as the Malawian Kwacha (MWK) demonstrated a degree of stability few could have predicted. Against all odds, the MWK held steady throughout the day, an occurrence of note given the financial tumult typically associated with currency exchanges. Hour after hour, from early morning to late at night, the MWK exchange rate remained unswerving at 0.00079, a consistency that left analysts intrigued and investors on edge. This performance wasn''t just notable for its steadiness; it was an anomaly that defied conventional market fluctuations, prompting an industry-wide reassessment of the MWK''s resilience. The currency''s remarkable performance was a sight to behold. Time series data spanning over 24 hours, timestamped to the second, showed the MWK operating remarkably stable, refusing to wane. Usually, such rates vary throughout the day, depending on various factors, including economic indicators, national financial policies, and international market sentiments. So, what is behind this surprise trough in variability? Analysts are yet to pinpoint the exact cause, although some speculate that strong market confidence from integral international trading partners and sound national fiscal policies might be contributors. From an investor''s point of view, the MWK''s steadfastness presents an attractive proposition. It offers a low-risk environment for those interested in foreign exchange, particularly for investors who prioritize long-term stability over rapid short-term gains. This trend could also attract potential investors and traders to the African market, enhancing trans-continental trade and financial exchanges. This frozen exchange rate, as unusual as it may seem, embodies an important financial lesson - that stability can also provide growth. Currencies don''t always have to be volatile. Predictability and consistency offer value in economics. Despite the interest generated by this event, the market remains conscious of the fact that trends are impermanent. Yet for now, the MWK has not just become a conversation starter, but the embodiment of economic resilience - a beacon of steadiness in an ever-fluctuating global exchange market. The occurrence of May 6, 2024, inherently highlights the tenacity of the MWK. It engenders further analysis and monitoring to determine if this is an anomaly or the onset of a new trend. As we look ahead, the financial world will undoubtedly keep a keen eye on this unanticipated market performer with a newfound admiration intertwined with a curiosity for what the future holds for the MWK. Remarkable Stability in MWK Exchange Rates Defies Market Expectations

Current Middle Market Exchange Rate

For information purposes only.