2024 CHF to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CHF to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CHF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 28, valuing the pair at 2063.6596. Conversely, the yearly low was recorded on March 21, dropping to 1859.3787.
This high-to-low spread represents a total annual volatility of 204.2809 MWK. From a start-to-finish perspective, comparing the January average rate of 1960.8935 to the December average rate of 1943.7450, the exchange rate registered a net change of -0.87% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 2063.6596 was up 2.89% compared to the 2023 peak of 2005.6947, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CHF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CHF 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 1924.0237, compared to 1990.2732 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 66.2495 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 75.9587 MWK (High: 2060.5289 / Low: 1984.5703). On the other end, September was the most stable month, with a tight range of 29.7743 MWK (High: 2063.6596 / Low: 2033.8853).
Growth Streaks & Declines
TrendsBetween April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 44.5353 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2048.3769) against the same month in 2023 (average: 1206.4418), the exchange rate shifted by +841.9351 (+69.79%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2005.0846 | 1934.4315 | 1960.8935 |
| February | 1962.3664 | 1896.5901 | 1919.7994 |
| March | 1932.1583 | 1859.3787 | 1911.4267 |
| April | 1925.8148 | 1888.6300 | 1906.2505 |
| May | 1924.2616 | 1890.2234 | 1907.4471 |
| June | 1961.4756 | 1918.2074 | 1938.3254 |
| July | 1974.6699 | 1918.1973 | 1943.9003 |
| August | 2060.5289 | 1984.5703 | 2020.0507 |
| September | 2063.6596 | 2033.8853 | 2048.3769 |
| October | 2047.7174 | 1999.0634 | 2015.0509 |
| November | 2011.4477 | 1941.1501 | 1970.5157 |
| December | 1976.8925 | 1910.4720 | 1943.7450 |