YEARLY HIGH
0.4608 MWK
YEARLY LOW
0.3859 MWK
YEARLY AVERAGE
0.4239 MWK

2024 COP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the COP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 9, valuing the pair at 0.4608. Conversely, the yearly low was recorded on November 15, dropping to 0.3859.

This high-to-low spread represents a total annual volatility of 0.0750 MWK. From a start-to-finish perspective, comparing the January average rate of 0.4293 to the December average rate of 0.3948, the exchange rate registered a net change of -8.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4608 was up 5.12% compared to the 2023 peak of 0.4384, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,304,130 MWK
2023 Average 1,331,296 MWK
Yearly Trough Low 1,929,306 MWK
Transaction Impact: A difference of 374,824.01 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4545
0.3884
JanuMarcMayJulySeptNove

COP 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 0.4366, compared to 0.4112 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0253 points.

H1 Avg (Jan–Jun) 0.4366
H2 Avg (Jul–Dec) 0.4112

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0352 MWK (High: 0.4503 / Low: 0.4151). On the other end, February was the most stable month, with a tight range of 0.0084 MWK (High: 0.4328 / Low: 0.4244).

June Spread (Volatile) ±0.0352
February Spread (Stable) ±0.0084

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 0.0208 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0208

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.4490) against the same month in 2023 (average: 0.2260), the exchange rate shifted by +0.2230 (+98.67%).

2024 Avg (April) 0.4490
2023 Avg (April) 0.2260

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4342 0.4243 0.4293
February 0.4328 0.4244 0.4286
March 0.4519 0.4271 0.4359
April 0.4608 0.4382 0.4490
May 0.4553 0.4447 0.4487
June 0.4503 0.4151 0.4279
July 0.4395 0.4187 0.4293
August 0.4339 0.4181 0.4271
September 0.4199 0.4038 0.4147
October 0.4183 0.3930 0.4077
November 0.4021 0.3859 0.3939
December 0.4024 0.3884 0.3948