YEARLY HIGH
0.5129 MWK
YEARLY LOW
0.4838 MWK
YEARLY AVERAGE
0.5027 MWK

2024 MNT to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.5129. Conversely, the yearly low was recorded on March 21, dropping to 0.4838.

This high-to-low spread represents a total annual volatility of 0.0290 MWK. From a start-to-finish perspective, comparing the January average rate of 0.4877 to the December average rate of 0.5102, the exchange rate registered a net change of 4.60% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5129 was up 4.55% compared to the 2023 peak of 0.4906, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,564 MWK
2023 Average 1,643 MWK
Yearly Trough Low 2,419 MWK
Transaction Impact: A difference of 145.22 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5131
0.4854
JanuMarcMayJulySeptNove

MNT 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 0.4960, compared to 0.5095 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0135 points.

H1 Avg (Jan–Jun) 0.4960
H2 Avg (Jul–Dec) 0.5095

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0214 MWK (High: 0.5052 / Low: 0.4838). On the other end, October was the most stable month, with a tight range of 0.0024 MWK (High: 0.5124 / Low: 0.5100).

March Spread (Volatile) ±0.0214
October Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.5106) against the same month in 2023 (average: 0.3144), the exchange rate shifted by +0.1962 (+62.42%).

2024 Avg (September) 0.5106
2023 Avg (September) 0.3144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4893 0.4860 0.4877
February 0.4924 0.4869 0.4880
March 0.5052 0.4838 0.4924
April 0.5046 0.5011 0.5028
May 0.5046 0.4999 0.5026
June 0.5053 0.5014 0.5025
July 0.5108 0.5012 0.5049
August 0.5110 0.5063 0.5097
September 0.5129 0.5095 0.5106
October 0.5124 0.5100 0.5108
November 0.5127 0.5094 0.5106
December 0.5111 0.5082 0.5102