YEARLY HIGH
0.1065 DJF
YEARLY LOW
0.1018 DJF
YEARLY AVERAGE
0.1032 DJF

2024 MWK to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.1065. Conversely, the yearly low was recorded on May 13, dropping to 0.1018.

This high-to-low spread represents a total annual volatility of 0.0047 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1057 to the December average rate of 0.1026, the exchange rate registered a net change of -2.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1065 was down 39.35% compared to the 2023 peak of 0.1757, 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 533 DJF
2023 Average 803 DJF
Yearly Trough Low 509 DJF
Transaction Impact: A difference of 23.55 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1061
0.1021
JanuMarcMayJulySeptNove

MWK to DJF 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 0.1039, compared to 0.1025 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.1039
H2 Avg (Jul–Dec) 0.1025

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0045 DJF (High: 0.1065 / Low: 0.1020). On the other end, February was the most stable month, with a tight range of 0.0003 DJF (High: 0.1058 / Low: 0.1055).

March Spread (Volatile) ±0.0045
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1046) against the same month in 2023 (average: 0.1730), the exchange rate shifted by -0.0684 (-39.52%).

2024 Avg (March) 0.1046
2023 Avg (March) 0.1730

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1061 0.1053 0.1057
February 0.1058 0.1055 0.1057
March 0.1065 0.1020 0.1046
April 0.1027 0.1021 0.1025
May 0.1027 0.1018 0.1025
June 0.1033 0.1022 0.1026
July 0.1027 0.1024 0.1026
August 0.1030 0.1018 0.1025
September 0.1027 0.1024 0.1025
October 0.1027 0.1020 0.1025
November 0.1032 0.1022 0.1025
December 0.1027 0.1024 0.1026