2024 MDL to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MDL to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MDL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 29, valuing the pair at 100.6253. Conversely, the yearly low was recorded on February 24, dropping to 94.0163.
This high-to-low spread represents a total annual volatility of 6.6089 MWK. From a start-to-finish perspective, comparing the January average rate of 95.4946 to the December average rate of 94.6429, the exchange rate registered a net change of -0.89% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 100.6253 was up 3.40% compared to the 2023 peak of 97.3205, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MDL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MDL to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 96.7044, compared to 97.6305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9260 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 4.5089 MWK (High: 98.8195 / Low: 94.3105). On the other end, September was the most stable month, with a tight range of 1.0988 MWK (High: 100.4120 / Low: 99.3132).
Growth Streaks & Declines
TrendsBetween February and May, 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 October and November, when the average rate fell by 2.0008 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 99.0664) against the same month in 2023 (average: 60.8290), the exchange rate shifted by +38.2375 (+62.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 97.4093 | 94.8100 | 95.4946 |
| February | 95.4323 | 94.0163 | 94.5707 |
| March | 98.8195 | 94.3105 | 96.2435 |
| April | 98.7870 | 96.5734 | 97.8783 |
| May | 98.9231 | 97.6847 | 98.2021 |
| June | 98.8598 | 96.8494 | 97.8375 |
| July | 98.6636 | 97.2468 | 97.9115 |
| August | 100.6253 | 97.6330 | 99.0664 |
| September | 100.4120 | 99.3132 | 99.8377 |
| October | 99.7665 | 96.5980 | 98.1626 |
| November | 97.6199 | 94.7544 | 96.1618 |
| December | 95.1704 | 94.0361 | 94.6429 |