2024 GNF to MWK Historical Review

YEARLY HIGH

0.2028 MWK

YEARLY LOW

0.1942 MWK

YEARLY AVERAGE

0.2000 MWK

2024 GNF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 0.2028. Conversely, the yearly low was recorded on March 21, dropping to 0.1942.

This high-to-low spread represents a total annual volatility of 0.0086 MWK. From a start-to-finish perspective, comparing the January average rate of 0.1958 to the December average rate of 0.2009, the exchange rate registered a net change of 2.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2028 was up 3.11% compared to the 2023 peak of 0.1967, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,014 MWK

2023 Average 660 MWK

Yearly Trough Low 971 MWK

Transaction Impact: A difference of 42.78 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2026

0.1951

JanuMarcMayJulySeptNove

GNF 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 0.1991, compared to 0.2010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1991

H2 Avg (Jul–Dec) 0.2010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0086 MWK (High: 0.2028 / Low: 0.1942). On the other end, December was the most stable month, with a tight range of 0.0007 MWK (High: 0.2013 / Low: 0.2006).

March Spread (Volatile) ±0.0086

December Spread (Stable) ±0.0007

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 0.0004 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1977) against the same month in 2023 (average: 0.1189), the exchange rate shifted by +0.0788 (+66.29%).

2024 Avg (March) 0.1977

2023 Avg (March) 0.1189

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1962	0.1951	0.1958
February	0.1964	0.1943	0.1957
March	0.2028	0.1942	0.1977
April	0.2026	0.2011	0.2019
May	0.2025	0.2006	0.2018
June	0.2019	0.2010	0.2015
July	0.2019	0.2005	0.2014
August	0.2012	0.1993	0.2010
September	0.2019	0.2006	0.2008
October	0.2012	0.1998	0.2009
November	0.2018	0.2003	0.2011
December	0.2013	0.2006	0.2009