2024 MWK to INR Historical Review

YEARLY HIGH

0.0499 INR

YEARLY LOW

0.0478 INR

YEARLY AVERAGE

0.0486 INR

2024 MWK to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0499. Conversely, the yearly low was recorded on March 29, dropping to 0.0478.

This high-to-low spread represents a total annual volatility of 0.0020 INR. From a start-to-finish perspective, comparing the January average rate of 0.0494 to the December average rate of 0.0490, the exchange rate registered a net change of -0.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0499 was down 38.76% compared to the 2023 peak of 0.0814, 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 249 INR

2023 Average 373 INR

Yearly Trough Low 239 INR

Transaction Impact: A difference of 10.07 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0495

0.0479

JanuMarcMayJulySeptNove

MWK to INR 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 0.0486, compared to 0.0485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0486

H2 Avg (Jul–Dec) 0.0485

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0020 INR (High: 0.0499 / Low: 0.0478). On the other end, July was the most stable month, with a tight range of 0.0003 INR (High: 0.0484 / Low: 0.0481).

March Spread (Volatile) ±0.0020

July Spread (Stable) ±0.0003

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 0.0008 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0489) against the same month in 2023 (average: 0.0801), the exchange rate shifted by -0.0312 (-38.96%).

2024 Avg (March) 0.0489

2023 Avg (March) 0.0801

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0496	0.0493	0.0494
February	0.0494	0.0489	0.0493
March	0.0499	0.0478	0.0489
April	0.0484	0.0479	0.0481
May	0.0483	0.0479	0.0481
June	0.0483	0.0479	0.0482
July	0.0484	0.0481	0.0482
August	0.0487	0.0483	0.0484
September	0.0485	0.0480	0.0483
October	0.0485	0.0483	0.0484
November	0.0489	0.0484	0.0486
December	0.0495	0.0488	0.0490