2024 BMD to MWK Historical Review

YEARLY HIGH

1743.2541 MWK

YEARLY LOW

1669.2219 MWK

YEARLY AVERAGE

1722.6757 MWK

2024 BMD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 1743.2541. Conversely, the yearly low was recorded on March 21, dropping to 1669.2219.

This high-to-low spread represents a total annual volatility of 74.0322 MWK. From a start-to-finish perspective, comparing the January average rate of 1682.6821 to the December average rate of 1733.5956, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1743.2541 was up 3.00% compared to the 2023 peak of 1692.4630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 8,716,271 MWK

2023 Average 5,684,358 MWK

Yearly Trough Low 8,346,110 MWK

Transaction Impact: A difference of 370,160.90 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1740.8886

1677.3906

JanuMarcMayJulySeptNove

BMD 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 1711.2236, compared to 1734.1279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.9044 points.

H1 Avg (Jan–Jun) 1711.2236

H2 Avg (Jul–Dec) 1734.1279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 73.7781 MWK (High: 1743.0000 / Low: 1669.2219). On the other end, July was the most stable month, with a tight range of 6.7750 MWK (High: 1735.7500 / Low: 1728.9750).

March Spread (Volatile) ±73.7781

July Spread (Stable) ±6.7750

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 1.4797 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -1.4797

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 1733.5240) against the same month in 2023 (average: 1024.6786), the exchange rate shifted by +708.8454 (+69.18%).

2024 Avg (June) 1733.5240

2023 Avg (June) 1024.6786

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1688.1108	1676.5962	1682.6821
February	1698.7695	1679.8466	1683.4375
March	1743.0000	1669.2219	1698.9389
April	1741.0000	1728.6671	1734.8324
May	1741.0000	1724.7521	1733.9264
June	1743.2541	1729.7526	1733.5240
July	1735.7500	1728.9750	1733.4307
August	1736.5158	1720.3029	1732.0729
September	1742.7555	1731.1384	1734.9959
October	1741.1351	1732.8829	1735.5971
November	1742.1893	1730.7839	1735.0753
December	1736.7169	1727.0265	1733.5956