YEARLY HIGH
20.9124 MWK
YEARLY LOW
20.0268 MWK
YEARLY AVERAGE
20.5936 MWK

2024 BTN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BTN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 20.9124. Conversely, the yearly low was recorded on January 2, dropping to 20.0268.

This high-to-low spread represents a total annual volatility of 0.8856 MWK. From a start-to-finish perspective, comparing the January average rate of 20.2487 to the December average rate of 20.4076, the exchange rate registered a net change of 0.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 20.9124 was up 3.11% compared to the 2023 peak of 20.2810, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 104,562 MWK
2023 Average 68,810 MWK
Yearly Trough Low 100,134 MWK
Transaction Impact: A difference of 4,427.81 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

20.8712
20.1921
JanuMarcMayJulySeptNove

BTN 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 20.5654, compared to 20.6217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0563 points.

H1 Avg (Jan–Jun) 20.5654
H2 Avg (Jul–Dec) 20.6217

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.8355 MWK (High: 20.9124 / Low: 20.0769). On the other end, July was the most stable month, with a tight range of 0.0632 MWK (High: 20.7719 / Low: 20.7087).

March Spread (Volatile) ±0.8355
July Spread (Stable) ±0.0632

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 0.1641 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1641

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 20.4746) against the same month in 2023 (average: 12.4898), the exchange rate shifted by +7.9848 (+63.93%).

2024 Avg (March) 20.4746
2023 Avg (March) 12.4898

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 20.3140 20.0268 20.2487
February 20.3259 20.2444 20.2852
March 20.9124 20.0769 20.4746
April 20.8900 20.7181 20.8146
May 20.9013 20.6871 20.8028
June 20.8545 20.6985 20.7666
July 20.7719 20.7087 20.7428
August 20.7437 20.5008 20.6640
September 20.8354 20.6392 20.7014
October 20.6912 20.6126 20.6430
November 20.6544 20.4985 20.5717
December 20.5108 20.2550 20.4076