YEARLY HIGH
1025.4436 MWK
YEARLY LOW
981.8952 MWK
YEARLY AVERAGE
1013.2771 MWK

2024 AZN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the AZN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 1025.4436. Conversely, the yearly low was recorded on March 21, dropping to 981.8952.

This high-to-low spread represents a total annual volatility of 43.5483 MWK. From a start-to-finish perspective, comparing the January average rate of 989.6116 to the December average rate of 1019.7621, the exchange rate registered a net change of 3.05% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1025.4436 was up 3.00% compared to the 2023 peak of 995.5665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,127,218 MWK
2023 Average 3,343,575 MWK
Yearly Trough Low 4,909,476 MWK
Transaction Impact: A difference of 217,741.70 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1024.0723
986.4788
JanuMarcMayJulySeptNove

AZN 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 1006.4789, compared to 1020.0752 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.5964 points.

H1 Avg (Jan–Jun) 1006.4789
H2 Avg (Jul–Dec) 1020.0752

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 43.3989 MWK (High: 1025.2941 / Low: 981.8952). On the other end, July was the most stable month, with a tight range of 3.9853 MWK (High: 1021.0294 / Low: 1017.0441).

March Spread (Volatile) ±43.3989
July Spread (Stable) ±3.9853

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 November and December, when the average rate fell by 0.8704 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8704

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1019.7200) against the same month in 2023 (average: 602.6868), the exchange rate shifted by +417.0332 (+69.20%).

2024 Avg (June) 1019.7200
2023 Avg (June) 602.6868

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 993.0064 983.1195 989.6116
February 999.2762 988.1451 990.2574
March 1025.2941 981.8952 999.0569
April 1023.5294 1013.9725 1020.2708
May 1024.1176 1014.5600 1019.9567
June 1025.4436 1017.5015 1019.7200
July 1021.0294 1017.0441 1019.6651
August 1021.4799 1011.9429 1018.8664
September 1025.1503 1018.3167 1020.5858
October 1024.1971 1019.3429 1020.9395
November 1024.8172 1018.1082 1020.6325
December 1021.5982 1015.8979 1019.7621