2024 ILS to MWK Historical Review

YEARLY HIGH

487.2435 MWK

YEARLY LOW

443.4164 MWK

YEARLY AVERAGE

465.5366 MWK

2024 ILS to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 487.2435. Conversely, the yearly low was recorded on January 17, dropping to 443.4164.

This high-to-low spread represents a total annual volatility of 43.8272 MWK. From a start-to-finish perspective, comparing the January average rate of 453.7991 to the December average rate of 478.4909, the exchange rate registered a net change of 5.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 487.2435 was up 4.03% compared to the 2023 peak of 468.3835, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,436,218 MWK

2023 Average 1,542,565 MWK

Yearly Trough Low 2,217,082 MWK

Transaction Impact: A difference of 219,135.83 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

480.9601

451.3299

JanuMarcMayJulySeptNove

ILS 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 462.9772, compared to 468.0961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.1189 points.

H1 Avg (Jan–Jun) 462.9772

H2 Avg (Jul–Dec) 468.0961

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 26.1753 MWK (High: 478.6566 / Low: 452.4812). On the other end, May was the most stable month, with a tight range of 11.2537 MWK (High: 473.4621 / Low: 462.2083).

August Spread (Volatile) ±26.1753

May Spread (Stable) ±11.2537

Growth Streaks & Declines

Trends

Between January and March, 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 6.5201 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -6.5201

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 478.4909) against the same month in 2023 (average: 459.7817), the exchange rate shifted by +18.7092 (+4.07%).

2024 Avg (December) 478.4909

2023 Avg (December) 459.7817

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	468.5813	443.4164	453.7991
February	471.5042	455.4017	461.9969
March	476.5203	457.2003	467.6783
April	472.2602	454.2267	461.5795
May	473.4621	462.2083	468.4201
June	472.3465	460.2023	464.3894
July	479.2034	459.5898	472.0383
August	478.6566	452.4812	465.5182
September	478.1738	457.7412	465.1311
October	468.9004	456.0206	460.9462
November	477.4494	461.5123	466.4517
December	487.2435	470.9062	478.4909