YEARLY HIGH
15.8819 MWK
YEARLY LOW
14.4820 MWK
YEARLY AVERAGE
14.9409 MWK

2024 BDT to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 15.8819. Conversely, the yearly low was recorded on September 21, dropping to 14.4820.

This high-to-low spread represents a total annual volatility of 1.3999 MWK. From a start-to-finish perspective, comparing the January average rate of 15.3345 to the December average rate of 14.5112, the exchange rate registered a net change of -5.37% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.8819 was up 3.52% compared to the 2023 peak of 15.3413, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,410 MWK
2023 Average 52,537 MWK
Yearly Trough Low 72,410 MWK
Transaction Impact: A difference of 6,999.43 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.9425
14.3811
JanuMarcMayJulySeptNove

BDT 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 15.3035, compared to 14.5783 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7252 points.

H1 Avg (Jan–Jun) 15.3035
H2 Avg (Jul–Dec) 14.5783

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 1.1303 MWK (High: 15.8603 / Low: 14.7300). On the other end, December was the most stable month, with a tight range of 0.0145 MWK (High: 14.5200 / Low: 14.5055).

May Spread (Volatile) ±1.1303
December Spread (Stable) ±0.0145

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 April and May, when the average rate fell by 0.7187 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7187

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 15.4891) against the same month in 2023 (average: 9.6985), the exchange rate shifted by +5.7906 (+59.71%).

2024 Avg (March) 15.4891
2023 Avg (March) 9.6985

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.3441 15.2785 15.3345
February 15.3623 15.3207 15.3361
March 15.8819 15.2104 15.4891
April 15.8716 15.7627 15.8123
May 15.8603 14.7300 15.0936
June 14.7754 14.7141 14.7555
July 14.7797 14.7144 14.7558
August 14.7826 14.4868 14.6551
September 14.5823 14.4820 14.5164
October 14.5255 14.5020 14.5142
November 14.5853 14.4982 14.5171
December 14.5200 14.5055 14.5112