2024 MWK to AFN Historical Review

YEARLY HIGH

0.0447 AFN

YEARLY LOW

0.0375 AFN

YEARLY AVERAGE

0.0409 AFN

2024 MWK to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0447. Conversely, the yearly low was recorded on October 17, dropping to 0.0375.

This high-to-low spread represents a total annual volatility of 0.0072 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0425 to the December average rate of 0.0400, the exchange rate registered a net change of -5.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0447 was down 49.79% compared to the 2023 peak of 0.0891, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 224 AFN

2023 Average 377 AFN

Yearly Trough Low 188 AFN

Transaction Impact: A difference of 36.03 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0439

0.0382

JanuMarcMayJulySeptNove

MWK to AFN 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 0.0420, compared to 0.0399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0021 points.

H1 Avg (Jan–Jun) 0.0420

H2 Avg (Jul–Dec) 0.0399

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0027 AFN (High: 0.0442 / Low: 0.0415). On the other end, July was the most stable month, with a tight range of 0.0006 AFN (High: 0.0410 / Low: 0.0404).

January Spread (Volatile) ±0.0027

July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0435) against the same month in 2023 (average: 0.0874), the exchange rate shifted by -0.0439 (-50.24%).

2024 Avg (February) 0.0435

2023 Avg (February) 0.0874

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0442	0.0415	0.0425
February	0.0447	0.0429	0.0435
March	0.0434	0.0411	0.0425
April	0.0417	0.0410	0.0414
May	0.0417	0.0407	0.0413
June	0.0414	0.0402	0.0407
July	0.0410	0.0404	0.0408
August	0.0411	0.0404	0.0409
September	0.0409	0.0392	0.0401
October	0.0396	0.0375	0.0387
November	0.0394	0.0386	0.0390
December	0.0406	0.0389	0.0400