2024 MMK to MWK Historical Review

YEARLY HIGH

0.8309 MWK

YEARLY LOW

0.5337 MWK

YEARLY AVERAGE

0.8139 MWK

2024 MMK to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.8309. Conversely, the yearly low was recorded on July 20, dropping to 0.5337.

This high-to-low spread represents a total annual volatility of 0.2973 MWK. From a start-to-finish perspective, comparing the January average rate of 0.8014 to the December average rate of 0.8263, the exchange rate registered a net change of 3.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8309 was up 3.55% compared to the 2023 peak of 0.8024, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,155 MWK

2023 Average 2,708 MWK

Yearly Trough Low 2,668 MWK

Transaction Impact: A difference of 1,486.34 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8327

0.7679

JanuMarcMayJulySeptNove

MMK 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 0.8100, compared to 0.8177 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0077 points.

H1 Avg (Jan–Jun) 0.8100

H2 Avg (Jul–Dec) 0.8177

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2937 MWK (High: 0.8273 / Low: 0.5337). On the other end, February was the most stable month, with a tight range of 0.0022 MWK (High: 0.8029 / Low: 0.8007).

July Spread (Volatile) ±0.2937

February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, 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 May and June, when the average rate fell by 0.0305 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0305

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.7954) against the same month in 2023 (average: 0.4880), the exchange rate shifted by +0.3074 (+62.99%).

2024 Avg (June) 0.7954

2023 Avg (June) 0.4880

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.8022	0.7985	0.8014
February	0.8029	0.8007	0.8015
March	0.8300	0.7949	0.8095
April	0.8295	0.8254	0.8264
May	0.8289	0.8214	0.8259
June	0.8309	0.6979	0.7954
July	0.8273	0.5337	0.7733
August	0.8277	0.8200	0.8256
September	0.8307	0.8251	0.8270
October	0.8299	0.8260	0.8273
November	0.8304	0.8250	0.8270
December	0.8278	0.8232	0.8263