2024 BWP to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BWP to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BWP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 30, valuing the pair at 133.2709. Conversely, the yearly low was recorded on February 28, dropping to 121.9566.
This high-to-low spread represents a total annual volatility of 11.3143 MWK. From a start-to-finish perspective, comparing the January average rate of 123.9086 to the December average rate of 126.4047, the exchange rate registered a net change of 2.01% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 133.2709 was up 5.49% compared to the 2023 peak of 126.3354, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BWP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BWP 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 125.3212, compared to 128.8394 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.5181 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was May, with a trading range of 6.4035 MWK (High: 128.6274 / Low: 122.2239). On the other end, July was the most stable month, with a tight range of 2.0881 MWK (High: 128.8122 / Low: 126.7240).
Growth Streaks & Declines
TrendsBetween 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 2.2286 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 131.0257) against the same month in 2023 (average: 79.4749), the exchange rate shifted by +51.5508 (+64.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.9159 | 122.6976 | 123.9086 |
| February | 124.3111 | 121.9566 | 122.8077 |
| March | 126.8048 | 122.2343 | 124.3546 |
| April | 128.0567 | 122.3136 | 126.1698 |
| May | 128.6274 | 122.2239 | 127.4720 |
| June | 128.6487 | 125.9870 | 127.2147 |
| July | 128.8122 | 126.7240 | 127.9501 |
| August | 130.8665 | 127.4212 | 129.1338 |
| September | 133.2709 | 129.3716 | 131.0257 |
| October | 132.8516 | 129.0899 | 130.3753 |
| November | 130.8251 | 126.4831 | 128.1467 |
| December | 128.3990 | 124.1507 | 126.4047 |