YEARLY HIGH
217.3625 MWK
YEARLY LOW
207.2192 MWK
YEARLY AVERAGE
214.3719 MWK

2024 MOP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MOP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 217.3625. Conversely, the yearly low was recorded on March 21, dropping to 207.2192.

This high-to-low spread represents a total annual volatility of 10.1433 MWK. From a start-to-finish perspective, comparing the January average rate of 209.0249 to the December average rate of 216.5928, the exchange rate registered a net change of 3.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 217.3625 was up 3.55% compared to the 2023 peak of 209.9027, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,086,812 MWK
2023 Average 705,323 MWK
Yearly Trough Low 1,036,096 MWK
Transaction Impact: A difference of 50,716.33 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

217.5044
208.1511
JanuMarcMayJulySeptNove

MOP 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 212.5169, compared to 216.2270 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.7101 points.

H1 Avg (Jan–Jun) 212.5169
H2 Avg (Jul–Dec) 216.2270

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 9.0396 MWK (High: 216.2588 / Low: 207.2192). On the other end, October was the most stable month, with a tight range of 0.3597 MWK (High: 216.9212 / Low: 216.5615).

March Spread (Volatile) ±9.0396
October Spread (Stable) ±0.3597

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 October and November, when the average rate fell by 0.2356 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2356

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2024: 216.4894) against the same month in 2023 (average: 179.1702), the exchange rate shifted by +37.3192 (+20.83%).

2024 Avg (November) 216.4894
2023 Avg (November) 179.1702

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 209.3702 208.4008 209.0249
February 209.3642 208.6786 208.9305
March 216.2588 207.2192 210.9327
April 215.7816 214.4875 215.1576
May 216.2555 214.6292 215.5654
June 215.9654 214.9323 215.4901
July 215.9394 215.0237 215.5580
August 216.3585 214.0495 215.8316
September 217.2690 215.5999 216.1649
October 216.9212 216.5615 216.7250
November 217.3625 216.1664 216.4894
December 216.9221 216.2749 216.5928