2024 BAM to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BAM to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BAM to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 996.7825. Conversely, the yearly low was recorded on December 20, dropping to 919.9362.
This high-to-low spread represents a total annual volatility of 76.8463 MWK. From a start-to-finish perspective, comparing the January average rate of 939.0302 to the December average rate of 928.9518, the exchange rate registered a net change of -1.07% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 996.7825 was up 4.55% compared to the 2023 peak of 953.3680, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BAM based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BAM 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 946.1355, compared to 960.3219 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 14.1864 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was November, with a trading range of 43.9762 MWK (High: 967.6888 / Low: 923.7126). On the other end, February was the most stable month, with a tight range of 15.0855 MWK (High: 936.7508 / Low: 921.6654).
Growth Streaks & Declines
TrendsBetween February and May, 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 October and November, when the average rate fell by 23.6302 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 985.6965) against the same month in 2023 (average: 593.0520), the exchange rate shifted by +392.6445 (+66.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 953.3708 | 931.6697 | 939.0302 |
| February | 936.7508 | 921.6654 | 929.4563 |
| March | 963.6137 | 931.1513 | 944.1310 |
| April | 964.9845 | 941.1016 | 952.0670 |
| May | 964.3822 | 947.0818 | 958.1166 |
| June | 966.0797 | 946.8731 | 954.0119 |
| July | 969.3312 | 950.0202 | 961.7325 |
| August | 990.9275 | 956.1439 | 974.9806 |
| September | 996.7825 | 977.3137 | 985.6965 |
| October | 983.1039 | 955.9362 | 967.1002 |
| November | 967.6888 | 923.7126 | 943.4700 |
| December | 939.0862 | 919.9362 | 928.9518 |