2024 AED to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 AED to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the AED to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 474.6153. Conversely, the yearly low was recorded on March 21, dropping to 454.5192.
This high-to-low spread represents a total annual volatility of 20.0961 MWK. From a start-to-finish perspective, comparing the January average rate of 458.1347 to the December average rate of 471.9840, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 474.6153 was up 2.99% compared to the 2023 peak of 460.8351, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AED based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
AED to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 465.9134, compared to 472.1296 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.2162 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 20.0376 MWK (High: 474.5569 / Low: 454.5192). On the other end, July was the most stable month, with a tight range of 1.8407 MWK (High: 472.5701 / Low: 470.7294).
Growth Streaks & Declines
TrendsBetween 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 November and December, when the average rate fell by 0.4035 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2024: 471.9658) against the same month in 2023 (average: 278.9779), the exchange rate shifted by +192.9879 (+69.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 459.6250 | 456.4899 | 458.1347 |
| February | 462.5097 | 457.3500 | 458.3334 |
| March | 474.5569 | 454.5192 | 462.5914 |
| April | 474.0885 | 470.7058 | 472.3762 |
| May | 474.0124 | 469.5758 | 472.0789 |
| June | 474.6153 | 470.9373 | 471.9658 |
| July | 472.5701 | 470.7294 | 471.9385 |
| August | 472.7915 | 468.3786 | 471.5725 |
| September | 474.4774 | 471.3156 | 472.3669 |
| October | 474.0362 | 471.7895 | 472.5280 |
| November | 474.3254 | 471.2181 | 472.3875 |
| December | 472.8334 | 470.1938 | 471.9840 |