YEARLY HIGH
0.0011 BAM
YEARLY LOW
0.0010 BAM
YEARLY AVERAGE
0.0010 BAM

2024 MWK to BAM Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to BAM exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0011. Conversely, the yearly low was recorded on September 25, dropping to 0.0010.

This high-to-low spread represents a total annual volatility of 0.0001 BAM. From a start-to-finish perspective, comparing the January average rate of 0.0011 to the December average rate of 0.0011, the exchange rate registered a net change of 1.09% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0011 was down 40.41% compared to the 2023 peak of 0.0018, 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 5 BAM
2023 Average 8 BAM
Yearly Trough Low 5 BAM
Transaction Impact: A difference of 0.42 BAM purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0011
0.0010
JanuMarcMayJulySeptNove

MWK to BAM 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 0.0011, compared to 0.0010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0011
H2 Avg (Jul–Dec) 0.0010

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0000 BAM (High: 0.0011 / Low: 0.0010). On the other end, February was the most stable month, with a tight range of 0.0000 BAM (High: 0.0011 / Low: 0.0011).

November Spread (Volatile) ±0.0000
February Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0011) against the same month in 2023 (average: 0.0011), the exchange rate shifted by +0.0000 (+1.20%).

2024 Avg (December) 0.0011
2023 Avg (December) 0.0011

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0011 0.0010 0.0011
February 0.0011 0.0011 0.0011
March 0.0011 0.0010 0.0011
April 0.0011 0.0010 0.0011
May 0.0011 0.0010 0.0010
June 0.0011 0.0010 0.0010
July 0.0011 0.0010 0.0010
August 0.0010 0.0010 0.0010
September 0.0010 0.0010 0.0010
October 0.0010 0.0010 0.0010
November 0.0011 0.0010 0.0011
December 0.0011 0.0011 0.0011