YEARLY HIGH
0.0082 BWP
YEARLY LOW
0.0075 BWP
YEARLY AVERAGE
0.0079 BWP

2024 MWK to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0082. Conversely, the yearly low was recorded on September 30, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0007 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0079, the exchange rate registered a net change of -1.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0082 was down 39.07% compared to the 2023 peak of 0.0135, 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 41 BWP
2023 Average 60 BWP
Yearly Trough Low 38 BWP
Transaction Impact: A difference of 3.48 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0082
0.0076
JanuMarcMayJulySeptNove

MWK to BWP 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 0.0080, compared to 0.0078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0078

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0004 BWP (High: 0.0082 / Low: 0.0078). On the other end, July was the most stable month, with a tight range of 0.0001 BWP (High: 0.0079 / Low: 0.0078).

May Spread (Volatile) ±0.0004
July Spread (Stable) ±0.0001

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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0081) against the same month in 2023 (average: 0.0127), the exchange rate shifted by -0.0046 (-36.13%).

2024 Avg (February) 0.0081
2023 Avg (February) 0.0127

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0082 0.0079 0.0081
February 0.0082 0.0080 0.0081
March 0.0082 0.0079 0.0080
April 0.0082 0.0078 0.0079
May 0.0082 0.0078 0.0078
June 0.0079 0.0078 0.0079
July 0.0079 0.0078 0.0078
August 0.0078 0.0076 0.0077
September 0.0077 0.0075 0.0076
October 0.0077 0.0075 0.0077
November 0.0079 0.0076 0.0078
December 0.0081 0.0078 0.0079