2024 JPY to MWK Historical Review

YEARLY HIGH

12.3285 MWK

YEARLY LOW

10.7272 MWK

YEARLY AVERAGE

11.3836 MWK

2024 JPY to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the JPY to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 15, valuing the pair at 12.3285. Conversely, the yearly low was recorded on July 3, dropping to 10.7272.

This high-to-low spread represents a total annual volatility of 1.6012 MWK. From a start-to-finish perspective, comparing the January average rate of 11.5139 to the December average rate of 11.2589, the exchange rate registered a net change of -2.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.3285 was up 3.09% compared to the 2023 peak of 11.9594, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 500,000 JPY based on timing:

Yearly Peak High 6,164,231 MWK

2023 Average 4,038,636 MWK

Yearly Trough Low 5,363,610 MWK

Transaction Impact: A difference of 800,620.94 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.2451

10.8491

JanuMarcMayJulySeptNove

JPY 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 11.2457, compared to 11.5216 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2758 points.

H1 Avg (Jan–Jun) 11.2457

H2 Avg (Jul–Dec) 11.5216

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.8514 MWK (High: 11.5786 / Low: 10.7272). On the other end, February was the most stable month, with a tight range of 0.3410 MWK (High: 11.4908 / Low: 11.1498).

July Spread (Volatile) ±0.8514

February Spread (Stable) ±0.3410

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 September and October, when the average rate fell by 0.5492 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5492

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 12.1287) against the same month in 2023 (average: 7.3377), the exchange rate shifted by +4.7910 (+65.29%).

2024 Avg (September) 12.1287

2023 Avg (September) 7.3377

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9627	11.3479	11.5139
February	11.4908	11.1498	11.2520
March	11.5167	11.0080	11.3443
April	11.4758	10.9835	11.2641
May	11.3685	11.0113	11.1347
June	11.1758	10.7642	10.9654
July	11.5786	10.7272	11.0066
August	12.0465	11.6109	11.8464
September	12.3285	11.8156	12.1287
October	12.0551	11.3108	11.5796
November	11.5856	11.0927	11.3092
December	11.5994	10.9733	11.2589