2024 MWK to CNY Historical Review

YEARLY HIGH

0.0043 CNY

YEARLY LOW

0.0040 CNY

YEARLY AVERAGE

0.0042 CNY

2024 MWK to CNY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to CNY exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0043. Conversely, the yearly low was recorded on October 6, dropping to 0.0040.

This high-to-low spread represents a total annual volatility of 0.0003 CNY. From a start-to-finish perspective, comparing the January average rate of 0.0042 to the December average rate of 0.0042, the exchange rate registered a net change of -0.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0043 was down 39.44% compared to the 2023 peak of 0.0071, 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 22 CNY

2023 Average 32 CNY

Yearly Trough Low 20 CNY

Transaction Impact: A difference of 1.40 CNY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0043

0.0041

JanuMarcMayJulySeptNove

MWK to CNY 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 0.0042, compared to 0.0041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0042

H2 Avg (Jul–Dec) 0.0041

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0002 CNY (High: 0.0043 / Low: 0.0041). On the other end, December was the most stable month, with a tight range of 0.0000 CNY (High: 0.0042 / Low: 0.0042).

March Spread (Volatile) ±0.0002

December 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 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 (March 2024: 0.0042) against the same month in 2023 (average: 0.0067), the exchange rate shifted by -0.0025 (-36.89%).

2024 Avg (March) 0.0042

2023 Avg (March) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0043	0.0042	0.0042
February	0.0043	0.0042	0.0043
March	0.0043	0.0041	0.0042
April	0.0042	0.0041	0.0042
May	0.0042	0.0041	0.0041
June	0.0042	0.0041	0.0042
July	0.0042	0.0041	0.0042
August	0.0042	0.0041	0.0041
September	0.0041	0.0040	0.0041
October	0.0041	0.0040	0.0041
November	0.0042	0.0041	0.0042
December	0.0042	0.0042	0.0042