YEARLY HIGH
0.0417 GMD
YEARLY LOW
0.0389 GMD
YEARLY AVERAGE
0.0399 GMD

2024 MWK to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 22, valuing the pair at 0.0417. Conversely, the yearly low was recorded on June 9, dropping to 0.0389.

This high-to-low spread represents a total annual volatility of 0.0028 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0400 to the December average rate of 0.0414, the exchange rate registered a net change of 3.58% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0417 was down 32.21% compared to the 2023 peak of 0.0615, 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 208 GMD
2023 Average 280 GMD
Yearly Trough Low 194 GMD
Transaction Impact: A difference of 14.05 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0417
0.0389
JanuMarcMayJulySeptNove

MWK to GMD 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 0.0396, compared to 0.0403 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0396
H2 Avg (Jul–Dec) 0.0403

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0017 GMD (High: 0.0407 / Low: 0.0390). On the other end, January was the most stable month, with a tight range of 0.0002 GMD (High: 0.0401 / Low: 0.0399).

March Spread (Volatile) ±0.0017
January Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 0.0009 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0414) against the same month in 2023 (average: 0.0400), the exchange rate shifted by +0.0014 (+3.60%).

2024 Avg (December) 0.0414
2023 Avg (December) 0.0400

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0401 0.0399 0.0400
February 0.0404 0.0397 0.0402
March 0.0407 0.0390 0.0400
April 0.0393 0.0390 0.0391
May 0.0393 0.0389 0.0391
June 0.0392 0.0389 0.0391
July 0.0401 0.0390 0.0391
August 0.0410 0.0398 0.0403
September 0.0409 0.0393 0.0401
October 0.0406 0.0389 0.0399
November 0.0413 0.0406 0.0410
December 0.0417 0.0409 0.0414