2024 BIF to MWK Historical Review

YEARLY HIGH

0.6088 MWK

YEARLY LOW

0.5836 MWK

YEARLY AVERAGE

0.5973 MWK

2024 BIF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.6088. Conversely, the yearly low was recorded on March 21, dropping to 0.5836.

This high-to-low spread represents a total annual volatility of 0.0252 MWK. From a start-to-finish perspective, comparing the January average rate of 0.5897 to the December average rate of 0.5881, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6088 was up 2.70% compared to the 2023 peak of 0.5928, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,044 MWK

2023 Average 2,254 MWK

Yearly Trough Low 2,918 MWK

Transaction Impact: A difference of 126.22 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6071

0.5864

JanuMarcMayJulySeptNove

BIF 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 0.5974, compared to 0.5971 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.5974

H2 Avg (Jul–Dec) 0.5971

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0252 MWK (High: 0.6088 / Low: 0.5836). On the other end, July was the most stable month, with a tight range of 0.0015 MWK (High: 0.6026 / Low: 0.6011).

March Spread (Volatile) ±0.0252

July Spread (Stable) ±0.0015

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 November and December, when the average rate fell by 0.0059 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0059

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.5939) against the same month in 2023 (average: 0.4945), the exchange rate shifted by +0.0993 (+20.08%).

2024 Avg (March) 0.5939

2023 Avg (March) 0.4945

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5910	0.5866	0.5897
February	0.5917	0.5853	0.5887
March	0.6088	0.5836	0.5939
April	0.6070	0.6029	0.6054
May	0.6068	0.5997	0.6042
June	0.6035	0.5981	0.6027
July	0.6026	0.6011	0.6021
August	0.6030	0.5977	0.6013
September	0.6020	0.5980	0.5995
October	0.6002	0.5878	0.5975
November	0.5994	0.5869	0.5940
December	0.5991	0.5863	0.5881