YEARLY HIGH
0.1123 MWK
YEARLY LOW
0.0186 MWK
YEARLY AVERAGE
0.0326 MWK

2024 LBP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the LBP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.1123. Conversely, the yearly low was recorded on March 21, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0937 MWK. From a start-to-finish perspective, comparing the January average rate of 0.1120 to the December average rate of 0.0194, the exchange rate registered a net change of -82.70% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1123 was down 83.50% compared to the 2023 peak of 0.6808, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 562 MWK
2023 Average 677 MWK
Yearly Trough Low 93 MWK
Transaction Impact: A difference of 468.52 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1213
0.0097
JanuMarcMayJulySeptNove

LBP 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 0.0459, compared to 0.0194 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0265 points.

H1 Avg (Jan–Jun) 0.0459
H2 Avg (Jul–Dec) 0.0194

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 0.0936 MWK (High: 0.1123 / Low: 0.0188). On the other end, December was the most stable month, with a tight range of 0.0000 MWK (High: 0.0194 / Low: 0.0194).

February Spread (Volatile) ±0.0936
December Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0673 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0673

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0863) against the same month in 2023 (average: 0.1771), the exchange rate shifted by -0.0908 (-51.28%).

2024 Avg (February) 0.0863
2023 Avg (February) 0.1771

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1122 0.1117 0.1120
February 0.1123 0.0188 0.0863
March 0.0194 0.0186 0.0190
April 0.0194 0.0193 0.0194
May 0.0194 0.0193 0.0194
June 0.0194 0.0193 0.0194
July 0.0194 0.0193 0.0194
August 0.0194 0.0192 0.0194
September 0.0195 0.0193 0.0194
October 0.0194 0.0193 0.0194
November 0.0194 0.0193 0.0194
December 0.0194 0.0194 0.0194