2024 CDF to MWK Historical Review

YEARLY HIGH

0.6327 MWK

YEARLY LOW

0.6016 MWK

YEARLY AVERAGE

0.6120 MWK

2024 CDF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 19, valuing the pair at 0.6327. Conversely, the yearly low was recorded on March 21, dropping to 0.6016.

This high-to-low spread represents a total annual volatility of 0.0312 MWK. From a start-to-finish perspective, comparing the January average rate of 0.6183 to the December average rate of 0.6074, the exchange rate registered a net change of -1.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6327 was down 6.79% compared to the 2023 peak of 0.6788, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,164 MWK

2023 Average 2,428 MWK

Yearly Trough Low 3,008 MWK

Transaction Impact: A difference of 155.76 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6230

0.6050

JanuMarcMayJulySeptNove

CDF 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 0.6159, compared to 0.6081 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.6159

H2 Avg (Jul–Dec) 0.6081

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0254 MWK (High: 0.6270 / Low: 0.6016). On the other end, September was the most stable month, with a tight range of 0.0056 MWK (High: 0.6115 / Low: 0.6059).

March Spread (Volatile) ±0.0254

September Spread (Stable) ±0.0056

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0081 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0081

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.6183) against the same month in 2023 (average: 0.4994), the exchange rate shifted by +0.1188 (+23.79%).

2024 Avg (January) 0.6183

2023 Avg (January) 0.4994

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6327	0.6120	0.6183
February	0.6158	0.6077	0.6108
March	0.6270	0.6016	0.6124
April	0.6242	0.6151	0.6215
May	0.6248	0.6134	0.6203
June	0.6194	0.6079	0.6121
July	0.6134	0.6037	0.6096
August	0.6154	0.6028	0.6080
September	0.6115	0.6059	0.6091
October	0.6111	0.6024	0.6079
November	0.6097	0.6038	0.6065
December	0.6095	0.6030	0.6074