YEARLY HIGH
0.5950 ARS
YEARLY LOW
0.4803 ARS
YEARLY AVERAGE
0.5309 ARS

2024 MWK to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 0.5950. Conversely, the yearly low was recorded on January 1, dropping to 0.4803.

This high-to-low spread represents a total annual volatility of 0.1146 ARS. From a start-to-finish perspective, comparing the January average rate of 0.4859 to the December average rate of 0.5883, the exchange rate registered a net change of 21.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5950 was up 23.48% compared to the 2023 peak of 0.4818, 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 2,975 ARS
2023 Average 1,273 ARS
Yearly Trough Low 2,402 ARS
Transaction Impact: A difference of 573.04 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5985
0.4757
JanuMarcMayJulySeptNove

MWK to ARS 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 0.5024, compared to 0.5595 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0571 points.

H1 Avg (Jan–Jun) 0.5024
H2 Avg (Jul–Dec) 0.5595

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0208 ARS (High: 0.5117 / Low: 0.4910). On the other end, June was the most stable month, with a tight range of 0.0092 ARS (High: 0.5255 / Low: 0.5163).

March Spread (Volatile) ±0.0208
June Spread (Stable) ±0.0092

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0005 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5883) against the same month in 2023 (average: 0.3751), the exchange rate shifted by +0.2131 (+56.82%).

2024 Avg (December) 0.5883
2023 Avg (December) 0.3751

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4916 0.4803 0.4859
February 0.5011 0.4913 0.4955
March 0.5117 0.4910 0.5007
April 0.5051 0.4939 0.5002
May 0.5158 0.5028 0.5107
June 0.5255 0.5163 0.5212
July 0.5373 0.5265 0.5319
August 0.5495 0.5370 0.5431
September 0.5583 0.5491 0.5535
October 0.5710 0.5576 0.5642
November 0.5837 0.5686 0.5759
December 0.5950 0.5830 0.5883