YEARLY HIGH
0.0932 JPY
YEARLY LOW
0.0811 JPY
YEARLY AVERAGE
0.0879 JPY

2024 MWK to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 3, valuing the pair at 0.0932. Conversely, the yearly low was recorded on September 15, dropping to 0.0811.

This high-to-low spread represents a total annual volatility of 0.0121 JPY. From a start-to-finish perspective, comparing the January average rate of 0.0869 to the December average rate of 0.0889, the exchange rate registered a net change of 2.29% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0932 was down 34.32% compared to the 2023 peak of 0.1419, 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 466 JPY
2023 Average 633 JPY
Yearly Trough Low 406 JPY
Transaction Impact: A difference of 60.54 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0921
0.0816
JanuMarcMayJulySeptNove

MWK to JPY 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 0.0890, compared to 0.0869 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.0890
H2 Avg (Jul–Dec) 0.0869

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0069 JPY (High: 0.0932 / Low: 0.0864). On the other end, February was the most stable month, with a tight range of 0.0027 JPY (High: 0.0897 / Low: 0.0870).

July Spread (Volatile) ±0.0069
February Spread (Stable) ±0.0027

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0065 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0065

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0909) against the same month in 2023 (average: 0.1343), the exchange rate shifted by -0.0434 (-32.31%).

2024 Avg (July) 0.0909
2023 Avg (July) 0.1343

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0881 0.0836 0.0869
February 0.0897 0.0870 0.0889
March 0.0908 0.0868 0.0882
April 0.0910 0.0871 0.0888
May 0.0908 0.0880 0.0898
June 0.0929 0.0895 0.0912
July 0.0932 0.0864 0.0909
August 0.0861 0.0830 0.0844
September 0.0846 0.0811 0.0825
October 0.0884 0.0830 0.0864
November 0.0901 0.0863 0.0884
December 0.0911 0.0862 0.0889