2024 BZD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BZD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BZD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 864.8414. Conversely, the yearly low was recorded on March 21, dropping to 828.2726.
This high-to-low spread represents a total annual volatility of 36.5688 MWK. From a start-to-finish perspective, comparing the January average rate of 834.9234 to the December average rate of 861.5637, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 864.8414 was up 3.45% compared to the 2023 peak of 835.9643, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BZD 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 849.1425, compared to 860.5924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.4500 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 36.4540 MWK (High: 864.7266 / Low: 828.2726). On the other end, October was the most stable month, with a tight range of 1.4027 MWK (High: 861.1624 / Low: 859.7597).
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 May and June, when the average rate fell by 0.5820 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 861.5637) against the same month in 2023 (average: 834.8034), the exchange rate shifted by +26.7602 (+3.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 835.4741 | 831.8430 | 834.9234 |
| February | 836.4620 | 834.1524 | 835.0228 |
| March | 864.7266 | 828.2726 | 843.3578 |
| April | 864.1519 | 859.9166 | 861.0079 |
| May | 863.5476 | 855.7368 | 860.5625 |
| June | 860.8878 | 857.8622 | 859.9805 |
| July | 861.5089 | 859.1235 | 860.2556 |
| August | 861.7867 | 853.1632 | 860.0481 |
| September | 864.5187 | 858.5846 | 860.6033 |
| October | 861.1624 | 859.7597 | 860.4809 |
| November | 864.6424 | 859.5127 | 860.6032 |
| December | 864.8414 | 859.9711 | 861.5637 |