2024 CVE to MWK Historical Review

YEARLY HIGH

17.6191 MWK

YEARLY LOW

16.3170 MWK

YEARLY AVERAGE

16.8911 MWK

2024 CVE to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CVE to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 17.6191. Conversely, the yearly low was recorded on December 20, dropping to 16.3170.

This high-to-low spread represents a total annual volatility of 1.3020 MWK. From a start-to-finish perspective, comparing the January average rate of 16.6378 to the December average rate of 16.4735, the exchange rate registered a net change of -0.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6191 was up 4.19% compared to the 2023 peak of 16.9101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,095 MWK

2023 Average 55,718 MWK

Yearly Trough Low 81,585 MWK

Transaction Impact: A difference of 6,510.03 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.5573

16.3605

JanuMarcMayJulySeptNove

CVE 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 16.7652, compared to 17.0170 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2518 points.

H1 Avg (Jan–Jun) 16.7652

H2 Avg (Jul–Dec) 17.0170

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.7677 MWK (High: 17.1372 / Low: 16.3695). On the other end, February was the most stable month, with a tight range of 0.2790 MWK (High: 16.6154 / Low: 16.3364).

November Spread (Volatile) ±0.7677

February Spread (Stable) ±0.2790

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 October and November, when the average rate fell by 0.4101 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4101

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 17.4575) against the same month in 2023 (average: 10.5020), the exchange rate shifted by +6.9555 (+66.23%).

2024 Avg (September) 17.4575

2023 Avg (September) 10.5020

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.9102	16.5202	16.6378
February	16.6154	16.3364	16.4602
March	17.0506	16.4597	16.7290
April	17.0938	16.6926	16.8885
May	17.1055	16.6848	16.9726
June	17.1133	16.7472	16.9028
July	17.1933	16.8171	17.0451
August	17.5396	16.8991	17.2664
September	17.6191	17.3309	17.4575
October	17.4183	16.9450	17.1347
November	17.1372	16.3695	16.7246
December	16.6568	16.3170	16.4735