2024 MWK to EGP Historical Review

YEARLY HIGH

0.0295 EGP

YEARLY LOW

0.0183 EGP

YEARLY AVERAGE

0.0263 EGP

2024 MWK to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0295. Conversely, the yearly low was recorded on January 5, dropping to 0.0183.

This high-to-low spread represents a total annual volatility of 0.0112 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0184 to the December average rate of 0.0292, the exchange rate registered a net change of 58.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0295 was down 3.52% compared to the 2023 peak of 0.0305, 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 147 EGP

2023 Average 138 EGP

Yearly Trough Low 91 EGP

Transaction Impact: A difference of 55.89 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0303

0.0173

JanuMarcMayJulySeptNove

MWK to EGP 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 0.0243, compared to 0.0283 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0243

H2 Avg (Jul–Dec) 0.0283

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0111 EGP (High: 0.0294 / Low: 0.0183). On the other end, February was the most stable month, with a tight range of 0.0001 EGP (High: 0.0184 / Low: 0.0183).

March Spread (Volatile) ±0.0111

February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0292) against the same month in 2023 (average: 0.0183), the exchange rate shifted by +0.0108 (+59.01%).

2024 Avg (December) 0.0292

2023 Avg (December) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0184	0.0183	0.0184
February	0.0184	0.0183	0.0184
March	0.0294	0.0183	0.0266
April	0.0281	0.0272	0.0276
May	0.0277	0.0269	0.0273
June	0.0279	0.0272	0.0275
July	0.0280	0.0276	0.0278
August	0.0285	0.0280	0.0282
September	0.0281	0.0278	0.0279
October	0.0282	0.0277	0.0280
November	0.0287	0.0281	0.0285
December	0.0295	0.0287	0.0292