YEARLY HIGH
0.4324 MWK
YEARLY LOW
0.4088 MWK
YEARLY AVERAGE
0.4231 MWK

2024 KHR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KHR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.4324. Conversely, the yearly low was recorded on February 3, dropping to 0.4088.

This high-to-low spread represents a total annual volatility of 0.0236 MWK. From a start-to-finish perspective, comparing the January average rate of 0.4118 to the December average rate of 0.4310, the exchange rate registered a net change of 4.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4324 was up 4.93% compared to the 2023 peak of 0.4121, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,162 MWK
2023 Average 1,383 MWK
Yearly Trough Low 2,044 MWK
Transaction Impact: A difference of 118.04 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4329
0.4099
JanuMarcMayJulySeptNove

KHR 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 0.4198, compared to 0.4264 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0066 points.

H1 Avg (Jan–Jun) 0.4198
H2 Avg (Jul–Dec) 0.4264

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0188 MWK (High: 0.4311 / Low: 0.4123). On the other end, October was the most stable month, with a tight range of 0.0013 MWK (High: 0.4274 / Low: 0.4261).

March Spread (Volatile) ±0.0188
October Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0044 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4310) against the same month in 2023 (average: 0.4097), the exchange rate shifted by +0.0212 (+5.18%).

2024 Avg (December) 0.4310
2023 Avg (December) 0.4097

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4133 0.4088 0.4118
February 0.4135 0.4088 0.4125
March 0.4311 0.4123 0.4194
April 0.4305 0.4256 0.4284
May 0.4290 0.4233 0.4256
June 0.4234 0.4180 0.4212
July 0.4228 0.4208 0.4219
August 0.4274 0.4217 0.4239
September 0.4274 0.4254 0.4267
October 0.4274 0.4261 0.4269
November 0.4310 0.4251 0.4283
December 0.4324 0.4286 0.4310