2024 IDR to MWK Historical Review

YEARLY HIGH

0.1148 MWK

YEARLY LOW

0.1049 MWK

YEARLY AVERAGE

0.1086 MWK

2024 IDR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 0.1148. Conversely, the yearly low was recorded on June 15, dropping to 0.1049.

This high-to-low spread represents a total annual volatility of 0.0099 MWK. From a start-to-finish perspective, comparing the January average rate of 0.1077 to the December average rate of 0.1079, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1148 was up 4.70% compared to the 2023 peak of 0.1096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 1,147,780 MWK

2023 Average 744,920 MWK

Yearly Trough Low 1,049,193 MWK

Transaction Impact: A difference of 98,586.65 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1139

0.1052

JanuMarcMayJulySeptNove

IDR 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 0.1075, compared to 0.1097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0023 points.

H1 Avg (Jan–Jun) 0.1075

H2 Avg (Jul–Dec) 0.1097

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0063 MWK (High: 0.1127 / Low: 0.1064). On the other end, February was the most stable month, with a tight range of 0.0013 MWK (High: 0.1080 / Low: 0.1068).

August Spread (Volatile) ±0.0063

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and September, 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 May and June, when the average rate fell by 0.0020 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0020

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.1132) against the same month in 2023 (average: 0.0705), the exchange rate shifted by +0.0426 (+60.44%).

2024 Avg (September) 0.1132

2023 Avg (September) 0.0705

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1097	0.1063	0.1077
February	0.1080	0.1068	0.1075
March	0.1099	0.1062	0.1081
April	0.1092	0.1062	0.1077
May	0.1090	0.1066	0.1079
June	0.1071	0.1049	0.1059
July	0.1076	0.1057	0.1067
August	0.1127	0.1064	0.1100
September	0.1148	0.1115	0.1132
October	0.1134	0.1099	0.1112
November	0.1113	0.1086	0.1095
December	0.1095	0.1062	0.1079