2024 BND to MWK Historical Review

YEARLY HIGH

1354.3662 MWK

YEARLY LOW

1246.0060 MWK

YEARLY AVERAGE

1289.5209 MWK

2024 BND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 1354.3662. Conversely, the yearly low was recorded on March 21, dropping to 1246.0060.

This high-to-low spread represents a total annual volatility of 108.3602 MWK. From a start-to-finish perspective, comparing the January average rate of 1260.4220 to the December average rate of 1284.1722, the exchange rate registered a net change of 1.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1354.3662 was up 6.15% compared to the 2023 peak of 1275.8977, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,771,831 MWK

2023 Average 4,234,977 MWK

Yearly Trough Low 6,230,030 MWK

Transaction Impact: A difference of 541,801.00 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1346.9528

1243.3225

JanuMarcMayJulySeptNove

BND 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 1270.7311, compared to 1308.3107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.5796 points.

H1 Avg (Jan–Jun) 1270.7311

H2 Avg (Jul–Dec) 1308.3107

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 46.1810 MWK (High: 1292.1870 / Low: 1246.0060). On the other end, June was the most stable month, with a tight range of 11.6813 MWK (High: 1289.6445 / Low: 1277.9632).

March Spread (Volatile) ±46.1810

June Spread (Stable) ±11.6813

Growth Streaks & Declines

Trends

Between 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 26.1510 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -26.1510

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1338.3170) against the same month in 2023 (average: 796.0972), the exchange rate shifted by +542.2198 (+68.11%).

2024 Avg (September) 1338.3170

2023 Avg (September) 796.0972

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1275.9015	1252.5642	1260.4220
February	1263.2943	1247.0556	1251.9584
March	1292.1870	1246.0060	1267.3276
April	1290.1734	1269.6159	1279.2648
May	1289.3386	1272.0106	1283.2052
June	1289.6445	1277.9632	1282.2088
July	1293.5212	1275.8698	1287.6092
August	1331.5835	1295.8393	1316.5571
September	1354.3662	1324.5813	1338.3170
October	1346.9411	1307.6967	1324.6798
November	1317.9344	1285.7195	1298.5288
December	1295.0492	1272.0761	1284.1722