2024 AOA to MWK Historical Review

YEARLY HIGH

2.0854 MWK

YEARLY LOW

1.8166 MWK

YEARLY AVERAGE

1.9794 MWK

2024 AOA to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AOA to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 3, valuing the pair at 2.0854. Conversely, the yearly low was recorded on October 2, dropping to 1.8166.

This high-to-low spread represents a total annual volatility of 0.2687 MWK. From a start-to-finish perspective, comparing the January average rate of 2.0262 to the December average rate of 1.8982, the exchange rate registered a net change of -6.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.0854 was up 0.53% compared to the 2023 peak of 2.0743, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AOA based on timing:

Yearly Peak High 10,427 MWK

2023 Average 8,556 MWK

Yearly Trough Low 9,083 MWK

Transaction Impact: A difference of 1,343.64 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.0968

1.8492

JanuMarcMayJulySeptNove

AOA 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 2.0416, compared to 1.9171 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1245 points.

H1 Avg (Jan–Jun) 2.0416

H2 Avg (Jul–Dec) 1.9171

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0950 MWK (High: 1.9116 / Low: 1.8166). On the other end, November was the most stable month, with a tight range of 0.0159 MWK (High: 1.9117 / Low: 1.8957).

October Spread (Volatile) ±0.0950

November Spread (Stable) ±0.0159

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0778 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0778

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 2.0762) against the same month in 2023 (average: 2.0182), the exchange rate shifted by +0.0579 (+2.87%).

2024 Avg (April) 2.0762

2023 Avg (April) 2.0182

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0342	2.0176	2.0262
February	2.0436	2.0204	2.0258
March	2.0815	2.0048	2.0361
April	2.0854	2.0635	2.0762
May	2.0817	2.0239	2.0571
June	2.0401	2.0217	2.0284
July	2.0143	1.9745	1.9884
August	1.9748	1.9019	1.9476
September	1.9005	1.8407	1.8699
October	1.9116	1.8166	1.8964
November	1.9117	1.8957	1.9024
December	1.9036	1.8813	1.8982