YEARLY HIGH
4625.3438 MWK
YEARLY LOW
4428.4784 MWK
YEARLY AVERAGE
4571.3257 MWK

2024 BHD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BHD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 4625.3438. Conversely, the yearly low was recorded on March 21, dropping to 4428.4784.

This high-to-low spread represents a total annual volatility of 196.8654 MWK. From a start-to-finish perspective, comparing the January average rate of 4464.3776 to the December average rate of 4598.8778, the exchange rate registered a net change of 3.01% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4625.3438 was up 3.03% compared to the 2023 peak of 4489.3991, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 23,126,719 MWK
2023 Average 15,084,016 MWK
Yearly Trough Low 22,142,392 MWK
Transaction Impact: A difference of 984,327.07 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4619.0997
4450.3120
JanuMarcMayJulySeptNove

BHD 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 4540.6994, compared to 4601.9520 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 61.2526 points.

H1 Avg (Jan–Jun) 4540.6994
H2 Avg (Jul–Dec) 4601.9520

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 194.8025 MWK (High: 4623.2809 / Low: 4428.4784). On the other end, June was the most stable month, with a tight range of 11.6866 MWK (High: 4606.9631 / Low: 4595.2765).

March Spread (Volatile) ±194.8025
June Spread (Stable) ±11.6866

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 5.1121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -5.1121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 4605.0341) against the same month in 2023 (average: 2877.5708), the exchange rate shifted by +1727.4633 (+60.03%).

2024 Avg (September) 4605.0341
2023 Avg (September) 2877.5708

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4472.1922 4447.4526 4464.3776
February 4483.5336 4457.2926 4466.5173
March 4623.2809 4428.4784 4508.9609
April 4618.0984 4586.8313 4602.1826
May 4618.4904 4584.5460 4601.8483
June 4606.9631 4595.2765 4600.3096
July 4604.8076 4591.0482 4600.0165
August 4613.8160 4571.3589 4598.7723
September 4625.3438 4596.4067 4605.0341
October 4622.1962 4597.5673 4605.0212
November 4619.8834 4592.7783 4603.9900
December 4607.9214 4582.6374 4598.8778