2024 BOB to MWK Historical Review

YEARLY HIGH

252.2240 MWK

YEARLY LOW

241.5954 MWK

YEARLY AVERAGE

249.2183 MWK

2024 BOB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BOB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 252.2240. Conversely, the yearly low was recorded on March 21, dropping to 241.5954.

This high-to-low spread represents a total annual volatility of 10.6286 MWK. From a start-to-finish perspective, comparing the January average rate of 243.5542 to the December average rate of 250.8830, 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 252.2240 was up 3.43% compared to the 2023 peak of 243.8507, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,261,120 MWK

2023 Average 822,868 MWK

Yearly Trough Low 1,207,977 MWK

Transaction Impact: A difference of 53,143.08 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

251.7059

242.7880

JanuMarcMayJulySeptNove

BOB 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 247.5714, compared to 250.8652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.2938 points.

H1 Avg (Jan–Jun) 247.5714

H2 Avg (Jul–Dec) 250.8652

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 9.8119 MWK (High: 251.4073 / Low: 241.5954). On the other end, June was the most stable month, with a tight range of 0.9838 MWK (High: 251.2163 / Low: 250.2325).

March Spread (Volatile) ±9.8119

June Spread (Stable) ±0.9838

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 September and October, when the average rate fell by 0.1268 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1268

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 250.7590) against the same month in 2023 (average: 208.4556), the exchange rate shifted by +42.3034 (+20.29%).

2024 Avg (November) 250.7590

2023 Avg (November) 208.4556

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	243.7030	242.6507	243.5542
February	243.9912	242.6764	243.5311
March	251.4073	241.5954	245.8860
April	251.5414	249.8133	250.6707
May	251.8930	249.6365	250.9445
June	251.2163	250.2325	250.8419
July	251.3241	250.2476	250.9143
August	251.3806	248.8999	250.8365
September	252.1991	250.0801	250.9627
October	251.2011	250.0566	250.8359
November	252.2240	250.0329	250.7590
December	251.1070	250.0232	250.8830