2024 CAD to MWK Historical Review

YEARLY HIGH

1292.8578 MWK

YEARLY LOW

1198.9901 MWK

YEARLY AVERAGE

1257.3132 MWK

2024 CAD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 1292.8578. Conversely, the yearly low was recorded on December 18, dropping to 1198.9901.

This high-to-low spread represents a total annual volatility of 93.8677 MWK. From a start-to-finish perspective, comparing the January average rate of 1254.0724 to the December average rate of 1215.6638, the exchange rate registered a net change of -3.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 1292.8578 was up 1.44% compared to the 2023 peak of 1274.4895, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,464,289 MWK

2023 Average 4,210,250 MWK

Yearly Trough Low 5,994,950 MWK

Transaction Impact: A difference of 469,338.49 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1287.1084

1209.1688

JanuMarcMayJulySeptNove

CAD 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 1259.6380, compared to 1254.9884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6496 points.

H1 Avg (Jan–Jun) 1259.6380

H2 Avg (Jul–Dec) 1254.9884

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 56.3063 MWK (High: 1290.2032 / Low: 1233.8969). On the other end, May was the most stable month, with a tight range of 12.0850 MWK (High: 1274.5637 / Low: 1262.4787).

March Spread (Volatile) ±56.3063

May Spread (Stable) ±12.0850

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 November and December, when the average rate fell by 25.2116 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -25.2116

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1280.6134) against the same month in 2023 (average: 800.4275), the exchange rate shifted by +480.1859 (+59.99%).

2024 Avg (September) 1280.6134

2023 Avg (September) 800.4275

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1274.5885	1244.2949	1254.0724
February	1261.0764	1237.1972	1247.4918
March	1290.2032	1233.8969	1254.6604
April	1283.8526	1255.1900	1268.1424
May	1274.5637	1262.4787	1268.6431
June	1271.6927	1257.6817	1264.8179
July	1273.8592	1251.7464	1263.9060
August	1289.6767	1239.8950	1267.4713
September	1292.8578	1274.4421	1280.6134
October	1284.1401	1244.4767	1261.4006
November	1253.9800	1231.2493	1240.8754
December	1238.4881	1198.9901	1215.6638