2024 ISK to MWK Historical Review

YEARLY HIGH

12.8873 MWK

YEARLY LOW

12.1216 MWK

YEARLY AVERAGE

12.4868 MWK

2024 ISK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ISK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 12.8873. Conversely, the yearly low was recorded on February 13, dropping to 12.1216.

This high-to-low spread represents a total annual volatility of 0.7657 MWK. From a start-to-finish perspective, comparing the January average rate of 12.2910 to the December average rate of 12.5005, the exchange rate registered a net change of 1.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.8873 was up 3.87% compared to the 2023 peak of 12.4068, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,437 MWK

2023 Average 41,254 MWK

Yearly Trough Low 60,608 MWK

Transaction Impact: A difference of 3,828.74 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.7316

12.1760

JanuMarcMayJulySeptNove

ISK 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 12.3758, compared to 12.5979 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2221 points.

H1 Avg (Jan–Jun) 12.3758

H2 Avg (Jul–Dec) 12.5979

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.4460 MWK (High: 12.6223 / Low: 12.1763). On the other end, July was the most stable month, with a tight range of 0.2051 MWK (High: 12.6835 / Low: 12.4784).

March Spread (Volatile) ±0.4460

July Spread (Stable) ±0.2051

Growth Streaks & Declines

Trends

Between April and July, 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 October and November, when the average rate fell by 0.1169 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1169

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 12.6721) against the same month in 2023 (average: 8.0152), the exchange rate shifted by +4.6569 (+58.10%).

2024 Avg (September) 12.6721

2023 Avg (September) 8.0152

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4511	12.1941	12.2910
February	12.3815	12.1216	12.2223
March	12.6223	12.1763	12.3822
April	12.5205	12.2194	12.3689
May	12.6432	12.3816	12.4925
June	12.6407	12.4116	12.4977
July	12.6835	12.4784	12.5874
August	12.7367	12.4665	12.5737
September	12.8873	12.4842	12.6721
October	12.8346	12.5434	12.6853
November	12.7394	12.4145	12.5684
December	12.6331	12.4035	12.5005