Afghani (AFN) To Malawi Kwacha (MWK) Lowest Exchange Rate

| November 13, 2018

This report analyzes the lowest exchange rate of Afghani (AFN) - Malawi Kwacha (MWK). The sections include the comparison to other similar currency pairs and losses during the lowest rate date. Additionally, you will find a section that analyzes how low other stronger currencies against AFN have gone.

The time range of analysis of this report is between 2014-12-01 and 2018-10-01. We will update this report regularly once in about 2 to 3 months.

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Below is a table of contents to help you navigate through the report.

  1. AFN/MWK Lowest Exchange Rate
  2. 1-Week, 1-Month and 1-Year Losses During AFN/MWK Lowest Rate
  3. Loss At Lowest Rate If You Had Bought Afghani (AFN) At Previous Highest Rate
  4. AFN/MWK Lowest Rate Compared To 3 Of The Strongest Currencies
  5. AFN/MWK Lowest Rate Compared To 3 Similar Currencies To Malawi Kwacha (MWK)
  6. AFN to MWK - Top 20 Monthly & Weekly Lowest Average Rates

Recommended Reading: AFN/MWK highest rate report will help you look at the best performance of the currency pair in detail (for the same timeframe of analysis as this report).

1 AFN/MWK Lowest Exchange Rate

The lowest rate for AFN/MWK pair was 7.160700. The corresponding date was 2015-07-07. We will not just stop with mentioning the rate. Rather we will be using a common sense approach to assess the magnitude of the rate drop. The method is explained in the next paragraph.

We will begin by finding the year of occurrence of the lowest exchange rate. For that year, we will be computing the annual and monthly average rates. We will then compare both the averages against the lowest rate.

Below table lists the computed average rates as well as the difference between the lowest rate and the averages.

Duration Average Rate Lowest Rate Vs Averages
Year (2015)7.973213-10.19 %
Month (07-2015)7.434882-3.69 %

Below is a visual representation of the table you just saw. The below graph compares the average rates against the lowest rate of Afghani (AFN) - Malawi Kwacha (MWK).

Afghani (AFN) - Malawi Kwacha (MWK) Lowest Rate

Below table shows daily rates on lowest month:

DateCloseOne-day Gain (%)Rate-Change From Past Day
1st July 20157.1791-0.014300 (-0.20 %)
2nd July 20157.1752-0.003900 (-0.05 %)-0.0039 (-0.05 %)
3rd July 20157.17910.003900 (0.05 %)0.0039 (0.05 %)
5th July 20157.17910.000000 (0.00 %)0 (0 %)
6th July 20157.2560.076900 (1.07 %)0.0769 (1.07 %)
7th July 20157.1607-0.095300 (-1.31 %)-0.0953 (-1.31 %)
8th July 20157.23820.077500 (1.08 %)0.0775 (1.08 %)
9th July 20157.1957-0.042500 (-0.59 %)-0.0425 (-0.59 %)
10th July 20157.21740.021700 (0.30 %)0.0217 (0.3 %)
12th July 20157.21740.000000 (0.00 %)0 (0 %)
13th July 20157.33240.115000 (1.59 %)0.115 (1.59 %)
14th July 20157.39810.065700 (0.90 %)0.0657 (0.9 %)
15th July 20157.44370.045600 (0.62 %)0.0456 (0.62 %)
16th July 20157.3925-0.051200 (-0.69 %)-0.0512 (-0.69 %)
17th July 20157.41280.020300 (0.27 %)0.0203 (0.27 %)
18th July 20157.41280.000000 (0.00 %)0 (0 %)
19th July 20157.41280.000000 (0.00 %)0 (0 %)
20th July 20157.4123-0.000500 (-0.01 %)-0.0005 (-0.01 %)
21st July 20157.50590.093600 (1.26 %)0.0936 (1.26 %)
22nd July 20157.4736-0.032300 (-0.43 %)-0.0323 (-0.43 %)
23rd July 20157.6150.141400 (1.89 %)0.1414 (1.89 %)
24th July 20157.61960.004600 (0.06 %)0.0046 (0.06 %)
26th July 20157.61960.000000 (0.00 %)0 (0 %)
27th July 20157.4893-0.130300 (-1.71 %)-0.1303 (-1.71 %)
28th July 20157.48930.000000 (0.00 %)0 (0 %)
29th July 20157.428-0.061300 (-0.82 %)-0.0613 (-0.82 %)
30th July 20158.34330.915300 (12.32 %)0.9153 (12.32 %)
31st July 20158.37780.034500 (0.41 %)0.0345 (0.41 %)

2 1-Week, 1-Month and 1-Year Losses During AFN/MWK Lowest Rate

Someone who invested in Malawi Kwacha (MWK) using Afghani (AFN) before the lowest rate day is bound to lose if he sold on that day. This section compares the losses one could have made by investing 1 week, 1 month and 1 year before the lowest exchange rate day.

Note: In case you see NA (Not Applicable) values in the below table that denotes a lack of data for the corresponding time range. For example, assume that the lowest rate was during the first week of the range of data used for this report. Then we will not be able to compute the value for someone who invested 1 year before.

Below table and graph represent the losses by investing in AFN/MWK pair (subject to data availability) for 1 week, 1 month and 1 year before 2015-07-07.

Days Before Lowest CloseClose (Rate)Losses(%)
1 Week 2015-06-307.1934-0.45 %
1 Month 2015-06-077.294-1.83 %
1 Year NANANA
Afghani (AFN)-Malawi Kwacha (MWK) Stock Losses - Week, Month, Year

Subject to data availability, below table summarizes the impact on a 1000 MWK invested in AFN 1 week, 1 month and 1 year before the lowest close rate date.

Days Before Lowest RateLosses(%)What happens to 1000 MWK invested?
1 Week -0.45 %995.5
1 Month-1.83 %981.7

3 Loss At Lowest Rate If You Had Bought AFN At Previous Highest Rate

Buying at high and selling when low is worst case scenario for any Forex investor. This section helps you assess the potential damage for an investor who invested in AFN/MWK during the highest rate day that occurred before the lowest rate day of 2015-07-07.

Previous Highest Rate DateClose (Rate)Lowest Close RateLosses(%)
2014-11-288.35657.160700-14.31 %

Above table has shown the losses in percentage. Now let us check the impact on a 1000 MWK invested. As per the loss percentage shown in the above table, the 1000 MWK would have become 856.9.

4 AFN/MWK Lowest Rate Compared To 3 Of The Strongest Currencies

Now let us compare the lowest rate of AFN/MWK pair with three others formed by 3 of the strongest currencies against AFN. In other words, we will be analyzing 3 pairs with the selected strong currencies as quote currencies (denoted after the slash symbol.)

To pick the strongest currencies we follow a simple method. We just check those pairs with Afghani (AFN) as base currency (before slash symbol) which have exchange rates among the lowest for the recent 12 month period ending 2018-10-01. The corresponding quote currencies are among the strongest ones.

AFN-MWK Lowest Rate Vs Strong Currencies

Now we are going to analyze the potential impact of the lowest rate on investments. There is no straightforward way to do it. However, we are going to do a simple analysis that will give you an idea of the potential losses. We are going to measure and compare the differences between the lowest rates and the average rates for the recent 12 month period between 2017-10-01 and 2018-10-01.

Recommended Reading: Have a look at the similar section in the AFN/MWK highest rate report to learn more in detail about this method.

CurrencyPairLowest RateAvg RateLowest Vs Avg. Rates (%)Difference (%)
Malawi KwachaAFN/MWK9.33650010.078424-7.36-
Unidad de FomentoAFN/CLF0.0003150.000332-5.122.24
Kuwaiti DinarAFN/KWD0.0039960.004287-6.790.57
Bahraini DinarAFN/BHD0.0049740.005354-7.10.26

5 AFN/MWK Lowest Rate Compared To 3 Similar Currencies To AFN

In this section we are going to compare the performance ofAFN/MWK against similar rate pairs but with AFN as the base currency. In other words, the currency invested in will be the same in all the pairs under consideration. The range of observation is between 2014-12-01 and 2018-10-01

Below chart displays the lowest rates of MWK as well as 3 other similar currencies against AFN.

AFN to MWK Lowest Rate Alossest Similar Currencies

Below table lists the lowest rates of the currency pairs and a simple comparison. The final column shows the percentage difference between the lowest rates.

Note: A negative difference (last column value) for a currency pair indicates that the pair had lesser magnitude lowest rate than AFN/AFN.

CurrencyPairLowest RateDifference (%)
Malawi KwachaAFN/MWK7.160700-
Chilean PesoAFN/CLP8.45700018.1
Somali ShillingAFN/SOS7.3059002.03
CFA Franc BCEAOAFN/XOF7.3352002.44

6 AFN to MWK - Top 20 Monthly & Weekly Lowest Average Rates

This sections displays the monthly and weekly average lowest rates for the currency pair - AFN/MWK.

Top 20 Month-wise Lowest Avg. Rates:

Month-YearAvg. Rate Highest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
June-20157.2946607.434100 (0.13944)7.177800 (-0.11686)
May-20157.3880597.577400 (0.189341)7.272300 (-0.115759)
March-20157.4064457.516600 (0.110155)7.349500 (-0.056945)
February-20157.4991087.669300 (0.170192)7.371900 (-0.127208)
April-20157.4488007.620800 (0.172)7.368400 (-0.0804)
January-20157.7317197.878400 (0.146681)7.664900 (-0.066819)
December-20148.0985758.342100 (0.243525)7.797000 (-0.301575)
July-20157.4348828.377800 (0.942918)7.160700 (-0.274182)
August-20158.4076128.527900 (0.120288)8.298800 (-0.108812)
October-20158.4625968.602500 (0.139904)8.373100 (-0.089496)
September-20158.6403808.708500 (0.06812)8.563200 (-0.07718)
November-20158.5734728.934900 (0.361428)8.290100 (-0.283372)
December-20159.3774909.796600 (0.41911)8.612200 (-0.76529)
October-20189.4486449.489500 (0.040856)9.336500 (-0.112144)
September-20189.5098299.738600 (0.228771)9.346100 (-0.163729)
June-20189.94660010.044800 (0.0982)9.702900 (-0.2437)
August-20189.8163409.923000 (0.10666)9.724200 (-0.09214)
March-201610.10228810.670800 (0.568512)9.803900 (-0.298388)
April-20169.8426749.881600 (0.038926)9.806300 (-0.036374)
July-20189.8060269.951700 (0.145674)9.648300 (-0.157726)

Top 20 Weekly Lowest Avg. Rates:

Week-YearAvg. RateHighest Rate (& Rate-Change From Avg.)Lowest Rate (& Rate-Change From Avg.)
Week 26-20157.2122677.278900 (0.066633)7.175200 (-0.037067)
Week 27-20157.2078507.256000 (0.04815)7.160700 (-0.04715)
Week 25-20157.2920407.339300 (0.04726)7.207200 (-0.08484)
Week 22-20157.3042007.311000 (0.0068)7.294000 (-0.0102)
Week 21-20157.3272837.382200 (0.054917)7.272300 (-0.054983)
Week 24-20157.3102337.434100 (0.123867)7.182000 (-0.128233)
Week 19-20157.3836007.473300 (0.0897)7.353800 (-0.0298)
Week 13-20157.4098577.516600 (0.106743)7.368400 (-0.041457)
Week 10-20157.4040677.463100 (0.059033)7.373400 (-0.030667)
Week 20-20157.3798717.392500 (0.012629)7.362400 (-0.017471)
Week 14-20157.4056007.438900 (0.0333)7.371000 (-0.0346)
Week 11-20157.3839177.439100 (0.055183)7.349500 (-0.034417)
Week 28-20157.3728147.443700 (0.070886)7.217400 (-0.155414)
Week 23-20157.2984177.434100 (0.135683)7.177800 (-0.120617)
Week 9-20157.4354337.443600 (0.008167)7.430700 (-0.004733)
Week 8-20157.4427717.481600 (0.038829)7.423900 (-0.018871)
Week 15-20157.4450507.468300 (0.02325)7.403700 (-0.04135)
Week 18-20157.4441337.577400 (0.133267)7.379600 (-0.064533)
Week 6-20157.5079677.570500 (0.062533)7.371900 (-0.136067)
Week 7-20157.4382837.481600 (0.043317)7.395300 (-0.042983)

Conclusion:

Hopefully, the report will help you in your forex investing

Recommended Reading: Learning the best and worst performances is just a part of the analysis. For a big picture, we strongly recommend you to go through the chart history of AFN-MWK. We have applied a simple technique to smooth out the volatility in the graphs so that you can understand the entire analysis better.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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