2024 ETB to MWK Historical Review

YEARLY HIGH

30.6483 MWK

YEARLY LOW

13.5559 MWK

YEARLY AVERAGE

23.7123 MWK

2024 ETB to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ETB to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 30.6483. Conversely, the yearly low was recorded on December 31, dropping to 13.5559.

This high-to-low spread represents a total annual volatility of 17.0924 MWK. From a start-to-finish perspective, comparing the January average rate of 29.8219 to the December average rate of 13.6897, the exchange rate registered a net change of -54.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.6483 was up 1.17% compared to the 2023 peak of 30.2929, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 153,242 MWK

2023 Average 103,646 MWK

Yearly Trough Low 67,780 MWK

Transaction Impact: A difference of 85,461.89 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

32.1671

12.0099

JanuMarcMayJulySeptNove

ETB 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 30.0629, compared to 17.3617 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 12.7012 points.

H1 Avg (Jan–Jun) 30.0629

H2 Avg (Jul–Dec) 17.3617

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 7.2548 MWK (High: 30.2481 / Low: 22.9932). On the other end, February was the most stable month, with a tight range of 0.2837 MWK (High: 29.9516 / Low: 29.6680).

July Spread (Volatile) ±7.2548

February Spread (Stable) ±0.2837

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 July and August, when the average rate fell by 12.7781 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.7781

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 29.9467) against the same month in 2023 (average: 19.1027), the exchange rate shifted by +10.8440 (+56.77%).

2024 Avg (March) 29.9467

2023 Avg (March) 19.1027

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	30.0344	29.7472	29.8219
February	29.9516	29.6680	29.7300
March	30.6483	29.3883	29.9467
April	30.6215	30.2026	30.4873
May	30.5442	30.1109	30.2452
June	30.3467	30.0314	30.1462
July	30.2481	22.9932	29.8249
August	21.9820	15.3828	17.0468
September	15.7186	14.4855	15.0351
October	14.6498	14.2069	14.4198
November	14.4381	13.7187	14.1540
December	13.9503	13.5559	13.6897