2024 MWK to ETB Historical Review

YEARLY HIGH

0.0738 ETB

YEARLY LOW

0.0326 ETB

YEARLY AVERAGE

0.0477 ETB

2024 MWK to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0738. Conversely, the yearly low was recorded on March 24, dropping to 0.0326.

This high-to-low spread represents a total annual volatility of 0.0411 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0335 to the December average rate of 0.0731, the exchange rate registered a net change of 117.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0738 was up 36.85% compared to the 2023 peak of 0.0539, 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 369 ETB

2023 Average 247 ETB

Yearly Trough Low 163 ETB

Transaction Impact: A difference of 205.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0771

0.0288

JanuMarcMayJulySeptNove

MWK to ETB 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 0.0333, compared to 0.0621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0288 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0621

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0195 ETB (High: 0.0650 / Low: 0.0455). On the other end, February was the most stable month, with a tight range of 0.0003 ETB (High: 0.0337 / Low: 0.0334).

August Spread (Volatile) ±0.0195

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0006 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0731) against the same month in 2023 (average: 0.0333), the exchange rate shifted by +0.0397 (+119.12%).

2024 Avg (December) 0.0731

2023 Avg (December) 0.0333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0336	0.0333	0.0335
February	0.0337	0.0334	0.0336
March	0.0340	0.0326	0.0334
April	0.0331	0.0327	0.0328
May	0.0332	0.0327	0.0331
June	0.0333	0.0330	0.0332
July	0.0435	0.0331	0.0336
August	0.0650	0.0455	0.0594
September	0.0690	0.0636	0.0666
October	0.0704	0.0683	0.0694
November	0.0729	0.0693	0.0707
December	0.0738	0.0717	0.0731