2024 FJD to MWK Historical Review

YEARLY HIGH

795.0538 MWK

YEARLY LOW

734.5957 MWK

YEARLY AVERAGE

765.8750 MWK

2024 FJD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 795.0538. Conversely, the yearly low was recorded on March 21, dropping to 734.5957.

This high-to-low spread represents a total annual volatility of 60.4581 MWK. From a start-to-finish perspective, comparing the January average rate of 753.4440 to the December average rate of 751.4169, the exchange rate registered a net change of -0.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 795.0538 was up 3.44% compared to the 2023 peak of 768.6487, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,975,269 MWK

2023 Average 2,549,105 MWK

Yearly Trough Low 3,672,979 MWK

Transaction Impact: A difference of 302,290.32 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

789.5669

744.7288

JanuMarcMayJulySeptNove

FJD 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 760.2696, compared to 771.4805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.2109 points.

H1 Avg (Jan–Jun) 760.2696

H2 Avg (Jul–Dec) 771.4805

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 37.7025 MWK (High: 772.2983 / Low: 734.5957). On the other end, June was the most stable month, with a tight range of 12.7573 MWK (High: 777.8842 / Low: 765.1269).

March Spread (Volatile) ±37.7025

June Spread (Stable) ±12.7573

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 14.1355 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -14.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 785.8304) against the same month in 2023 (average: 477.5812), the exchange rate shifted by +308.2491 (+64.54%).

2024 Avg (September) 785.8304

2023 Avg (September) 477.5812

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	769.0885	742.4048	753.4440
February	755.0926	738.6051	748.4653
March	772.2983	734.5957	754.5342
April	775.7619	756.3943	765.4736
May	778.1805	757.7899	768.5750
June	777.8842	765.1269	771.1254
July	779.5546	764.3958	772.5193
August	788.4526	762.0275	776.5111
September	795.0538	773.6932	785.8304
October	790.6930	760.1367	777.0531
November	776.8579	755.0237	765.5524
December	764.8361	745.3013	751.4169