YEARLY HIGH
0.1271 GYD
YEARLY LOW
0.1200 GYD
YEARLY AVERAGE
0.1215 GYD

2024 MWK to GYD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to GYD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 0.1271. Conversely, the yearly low was recorded on November 18, dropping to 0.1200.

This high-to-low spread represents a total annual volatility of 0.0071 GYD. From a start-to-finish perspective, comparing the January average rate of 0.1244 to the December average rate of 0.1206, the exchange rate registered a net change of -3.01% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1271 was down 38.93% compared to the 2023 peak of 0.2082, 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 636 GYD
2023 Average 949 GYD
Yearly Trough Low 600 GYD
Transaction Impact: A difference of 35.49 GYD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1247
0.1202
JanuMarcMayJulySeptNove

MWK to GYD 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 0.1223, compared to 0.1206 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0017 points.

H1 Avg (Jan–Jun) 0.1223
H2 Avg (Jul–Dec) 0.1206

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0070 GYD (High: 0.1271 / Low: 0.1201). On the other end, December was the most stable month, with a tight range of 0.0001 GYD (High: 0.1207 / Low: 0.1206).

March Spread (Volatile) ±0.0070
December Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between April and June, 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 0.0026 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0026

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1232) against the same month in 2023 (average: 0.2052), the exchange rate shifted by -0.0820 (-39.94%).

2024 Avg (March) 0.1232
2023 Avg (March) 0.2052

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1248 0.1242 0.1244
February 0.1244 0.1241 0.1243
March 0.1271 0.1201 0.1232
April 0.1210 0.1202 0.1206
May 0.1213 0.1202 0.1206
June 0.1209 0.1205 0.1207
July 0.1209 0.1205 0.1207
August 0.1216 0.1204 0.1207
September 0.1209 0.1200 0.1206
October 0.1207 0.1205 0.1206
November 0.1208 0.1200 0.1206
December 0.1207 0.1206 0.1206