2024 DKK to MWK Historical Review

YEARLY HIGH

260.3830 MWK

YEARLY LOW

240.5484 MWK

YEARLY AVERAGE

249.8791 MWK

2024 DKK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 260.3830. Conversely, the yearly low was recorded on December 18, dropping to 240.5484.

This high-to-low spread represents a total annual volatility of 19.8346 MWK. From a start-to-finish perspective, comparing the January average rate of 246.1343 to the December average rate of 243.3916, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 260.3830 was up 3.82% compared to the 2023 peak of 250.7926, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,301,915 MWK

2023 Average 825,569 MWK

Yearly Trough Low 1,202,742 MWK

Transaction Impact: A difference of 99,172.97 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

259.8486

241.8955

JanuMarcMayJulySeptNove

DKK 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 248.0160, compared to 251.7421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7261 points.

H1 Avg (Jan–Jun) 248.0160

H2 Avg (Jul–Dec) 251.7421

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 11.9684 MWK (High: 254.3444 / Low: 242.3760). On the other end, May was the most stable month, with a tight range of 3.4623 MWK (High: 252.9396 / Low: 249.4773).

November Spread (Volatile) ±11.9684

May Spread (Stable) ±3.4623

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 6.3392 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -6.3392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 258.3525) against the same month in 2023 (average: 155.2654), the exchange rate shifted by +103.0871 (+66.39%).

2024 Avg (September) 258.3525

2023 Avg (September) 155.2654

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	249.9017	243.6215	246.1343
February	245.6733	241.8090	243.7300
March	252.2858	243.1071	247.5730
April	252.7735	246.6709	249.3151
May	252.9396	249.4773	251.2823
June	253.3842	248.0754	250.0613
July	254.1803	249.4666	252.1282
August	260.3706	250.4359	255.8647
September	260.3830	255.8749	258.3525
October	257.0612	250.6712	253.5275
November	254.3444	242.3760	247.1883
December	246.4669	240.5484	243.3916