2024 MUR to MWK Historical Review

YEARLY HIGH

39.8145 MWK

YEARLY LOW

35.8129 MWK

YEARLY AVERAGE

37.2967 MWK

2024 MUR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 39.8145. Conversely, the yearly low was recorded on February 18, dropping to 35.8129.

This high-to-low spread represents a total annual volatility of 4.0016 MWK. From a start-to-finish perspective, comparing the January average rate of 37.6701 to the December average rate of 37.0110, the exchange rate registered a net change of -1.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 39.8145 was up 3.58% compared to the 2023 peak of 38.4389, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 199,072 MWK

2023 Average 126,295 MWK

Yearly Trough Low 179,065 MWK

Transaction Impact: A difference of 20,007.87 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

37.8224

36.6172

JanuMarcMayJulySeptNove

MUR 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 37.2601, compared to 37.3334 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0733 points.

H1 Avg (Jan–Jun) 37.2601

H2 Avg (Jul–Dec) 37.3334

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 3.5428 MWK (High: 39.8145 / Low: 36.2717). On the other end, May was the most stable month, with a tight range of 0.4014 MWK (High: 37.7998 / Low: 37.3984).

March Spread (Volatile) ±3.5428

May Spread (Stable) ±0.4014

Growth Streaks & Declines

Trends

Between 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 January and February, when the average rate fell by 0.9525 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.9525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 37.0133) against the same month in 2023 (average: 22.1034), the exchange rate shifted by +14.9099 (+67.46%).

2024 Avg (March) 37.0133

2023 Avg (March) 22.1034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	38.2275	36.6808	37.6701
February	37.4416	35.8129	36.7176
March	39.8145	36.2717	37.0133
April	37.6802	36.3855	37.3456
May	37.7998	37.3984	37.6043
June	38.0706	36.7004	37.2095
July	37.2973	36.7461	37.0916
August	37.6844	36.8189	37.3894
September	38.1848	37.1955	37.7220
October	37.8108	37.2328	37.5396
November	37.8635	36.6013	37.2467
December	37.2894	36.5895	37.0110