YEARLY HIGH
5706.4500 MWK
YEARLY LOW
5429.4764 MWK
YEARLY AVERAGE
5613.9680 MWK

2024 KWD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 5706.4500. Conversely, the yearly low was recorded on March 21, dropping to 5429.4764.

This high-to-low spread represents a total annual volatility of 276.9736 MWK. From a start-to-finish perspective, comparing the January average rate of 5470.9450 to the December average rate of 5633.6503, the exchange rate registered a net change of 2.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 5706.4500 was up 3.72% compared to the 2023 peak of 5501.6726, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 28,532,250 MWK
2023 Average 18,492,125 MWK
Yearly Trough Low 27,147,382 MWK
Transaction Impact: A difference of 1,384,868.14 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

5705.9092
5447.6553
JanuMarcMayJulySeptNove

KWD 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 5566.6936, compared to 5661.2425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 94.5490 points.

H1 Avg (Jan–Jun) 5566.6936
H2 Avg (Jul–Dec) 5661.2425

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 235.1320 MWK (High: 5664.6084 / Low: 5429.4764). On the other end, July was the most stable month, with a tight range of 22.8441 MWK (High: 5676.8195 / Low: 5653.9754).

March Spread (Volatile) ±235.1320
July Spread (Stable) ±22.8441

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 19.9108 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -19.9108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 5684.3881) against the same month in 2023 (average: 3512.9246), the exchange rate shifted by +2171.4634 (+61.81%).

2024 Avg (September) 5684.3881
2023 Avg (September) 3512.9246

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5484.0843 5451.6895 5470.9450
February 5509.7074 5459.9151 5469.1764
March 5664.6084 5429.4764 5526.2006
April 5654.2313 5609.3829 5634.5840
May 5662.9974 5624.8457 5644.7675
June 5673.9350 5646.2012 5654.4879
July 5676.8195 5653.9754 5667.7759
August 5688.8873 5640.8183 5668.6053
September 5706.4500 5670.6889 5684.3881
October 5687.8650 5652.1181 5664.4773
November 5672.6099 5628.5733 5648.5583
December 5653.2984 5611.1092 5633.6503