2024 MVR to MWK Historical Review

YEARLY HIGH

120.4428 MWK

YEARLY LOW

107.9355 MWK

YEARLY AVERAGE

111.8455 MWK

2024 MVR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MVR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 120.4428. Conversely, the yearly low was recorded on March 21, dropping to 107.9355.

This high-to-low spread represents a total annual volatility of 12.5073 MWK. From a start-to-finish perspective, comparing the January average rate of 109.2559 to the December average rate of 112.5100, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 120.4428 was up 9.39% compared to the 2023 peak of 110.1070, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 602,214 MWK

2023 Average 369,804 MWK

Yearly Trough Low 539,677 MWK

Transaction Impact: A difference of 62,536.46 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

113.4155

108.8778

JanuMarcMayJulySeptNove

MVR 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 110.9980, compared to 112.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.6949 points.

H1 Avg (Jan–Jun) 110.9980

H2 Avg (Jul–Dec) 112.6929

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 8.8805 MWK (High: 120.4428 / Low: 111.5622). On the other end, October was the most stable month, with a tight range of 0.6111 MWK (High: 113.4290 / Low: 112.8179).

May Spread (Volatile) ±8.8805

October Spread (Stable) ±0.6111

Growth Streaks & Declines

Trends

Between January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.6313 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.6313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 112.4373) against the same month in 2023 (average: 66.8150), the exchange rate shifted by +45.6224 (+68.28%).

2024 Avg (May) 112.4373

2023 Avg (May) 66.8150

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	109.6176	108.8699	109.2559
February	110.3097	109.0809	109.3518
March	112.8155	107.9355	110.0755
April	112.7226	111.8878	112.2627
May	120.4428	111.5622	112.4373
June	113.6304	112.0784	112.6049
July	113.0414	111.8354	112.5932
August	113.0929	112.0627	112.6224
September	113.5346	112.7043	112.9886
October	113.4290	112.8179	113.0374
November	112.9925	111.9524	112.4060
December	112.7662	112.0069	112.5100