2024 MAD to MWK Historical Review

YEARLY HIGH

180.2947 MWK

YEARLY LOW

166.0361 MWK

YEARLY AVERAGE

173.3715 MWK

2024 MAD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 180.2947. Conversely, the yearly low was recorded on February 28, dropping to 166.0361.

This high-to-low spread represents a total annual volatility of 14.2586 MWK. From a start-to-finish perspective, comparing the January average rate of 169.0878 to the December average rate of 173.0796, the exchange rate registered a net change of 2.36% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 180.2947 was up 5.45% compared to the 2023 peak of 170.9781, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 901,473 MWK

2023 Average 561,940 MWK

Yearly Trough Low 830,180 MWK

Transaction Impact: A difference of 71,293.15 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

179.4777

166.2785

JanuMarcMayJulySeptNove

MAD 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 170.8411, compared to 175.9020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0609 points.

H1 Avg (Jan–Jun) 170.8411

H2 Avg (Jul–Dec) 175.9020

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 6.6281 MWK (High: 172.8738 / Low: 166.2457). On the other end, February was the most stable month, with a tight range of 2.5350 MWK (High: 168.5710 / Low: 166.0361).

March Spread (Volatile) ±6.6281

February Spread (Stable) ±2.5350

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 2.1497 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -2.1497

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 178.3777) against the same month in 2023 (average: 106.0000), the exchange rate shifted by +72.3777 (+68.28%).

2024 Avg (September) 178.3777

2023 Avg (September) 106.0000

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	170.8030	167.9480	169.0878
February	168.5710	166.0361	167.3784
March	172.8738	166.2457	168.9722
April	173.7092	170.4408	171.8710
May	174.9819	171.6804	173.5746
June	175.5466	172.5344	174.1623
July	176.9874	173.7743	175.8214
August	180.0657	174.3315	177.5985
September	180.2947	176.9030	178.3777
October	177.7923	174.7358	176.2281
November	176.7475	172.2170	174.3066
December	174.5655	171.6478	173.0796