2024 MWK to CVE Historical Review

YEARLY HIGH

0.0613 CVE

YEARLY LOW

0.0568 CVE

YEARLY AVERAGE

0.0592 CVE

2024 MWK to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0613. Conversely, the yearly low was recorded on September 25, dropping to 0.0568.

This high-to-low spread represents a total annual volatility of 0.0045 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0601 to the December average rate of 0.0607, the exchange rate registered a net change of 1.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0613 was down 40.42% compared to the 2023 peak of 0.1029, 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 306 CVE

2023 Average 461 CVE

Yearly Trough Low 284 CVE

Transaction Impact: A difference of 22.64 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0611

0.0569

JanuMarcMayJulySeptNove

MWK to CVE 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 0.0597, compared to 0.0588 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0009 points.

H1 Avg (Jan–Jun) 0.0597

H2 Avg (Jul–Dec) 0.0588

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.0027 CVE (High: 0.0611 / Low: 0.0584). On the other end, September was the most stable month, with a tight range of 0.0009 CVE (High: 0.0577 / Low: 0.0568).

November Spread (Volatile) ±0.0027

September Spread (Stable) ±0.0009

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 0.0010 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0607) against the same month in 2023 (average: 0.0601), the exchange rate shifted by +0.0006 (+1.07%).

2024 Avg (December) 0.0607

2023 Avg (December) 0.0601

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0605	0.0591	0.0601
February	0.0612	0.0602	0.0608
March	0.0608	0.0586	0.0598
April	0.0599	0.0585	0.0592
May	0.0599	0.0585	0.0589
June	0.0597	0.0584	0.0592
July	0.0595	0.0582	0.0587
August	0.0592	0.0570	0.0579
September	0.0577	0.0568	0.0573
October	0.0590	0.0574	0.0584
November	0.0611	0.0584	0.0598
December	0.0613	0.0600	0.0607