2024 BTN to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 BTN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |