2024 EGP to MWK Historical Review

YEARLY HIGH

54.6868 MWK

YEARLY LOW

33.9387 MWK

YEARLY AVERAGE

39.1032 MWK

2024 EGP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 54.6868. Conversely, the yearly low was recorded on December 22, dropping to 33.9387.

This high-to-low spread represents a total annual volatility of 20.7481 MWK. From a start-to-finish perspective, comparing the January average rate of 54.4745 to the December average rate of 34.2860, the exchange rate registered a net change of -37.06% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 54.6868 was down 0.21% compared to the 2023 peak of 54.8021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 273,434 MWK

2023 Average 185,443 MWK

Yearly Trough Low 169,694 MWK

Transaction Impact: A difference of 103,740.62 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.4934

32.2672

JanuMarcMayJulySeptNove

EGP 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 42.8116, compared to 35.3948 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4168 points.

H1 Avg (Jan–Jun) 42.8116

H2 Avg (Jul–Dec) 35.3948

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 20.5602 MWK (High: 54.5241 / Low: 33.9639). On the other end, February was the most stable month, with a tight range of 0.2625 MWK (High: 54.5604 / Low: 54.2979).

March Spread (Volatile) ±20.5602

February Spread (Stable) ±0.2625

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 15.8349 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -15.8349

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 54.4745) against the same month in 2023 (average: 35.9044), the exchange rate shifted by +18.5701 (+51.72%).

2024 Avg (January) 54.4745

2023 Avg (January) 35.9044

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	54.6868	54.3493	54.4745
February	54.5604	54.2979	54.4641
March	54.5241	33.9639	38.6292
April	36.7715	35.6376	36.2896
May	37.2154	36.0941	36.6747
June	36.7875	35.8401	36.3373
July	36.1749	35.7095	35.9826
August	35.7161	35.1081	35.4202
September	35.9356	35.6294	35.8125
October	36.0439	35.4274	35.7244
November	35.5617	34.8875	35.1432
December	34.8829	33.9387	34.2860