2024 MWK to LAK Historical Review

YEARLY HIGH

12.8379 LAK

YEARLY LOW

12.0181 LAK

YEARLY AVERAGE

12.5281 LAK

2024 MWK to LAK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to LAK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 24, valuing the pair at 12.8379. Conversely, the yearly low was recorded on March 29, dropping to 12.0181.

This high-to-low spread represents a total annual volatility of 0.8198 LAK. From a start-to-finish perspective, comparing the January average rate of 12.2710 to the December average rate of 12.6271, the exchange rate registered a net change of 2.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.8379 was down 31.93% compared to the 2023 peak of 18.8610, 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 64,189 LAK

2023 Average 83,788 LAK

Yearly Trough Low 60,090 LAK

Transaction Impact: A difference of 4,098.91 LAK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8235

12.1927

JanuMarcMayJulySeptNove

MWK to LAK 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 12.3523, compared to 12.7039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3516 points.

H1 Avg (Jan–Jun) 12.3523

H2 Avg (Jul–Dec) 12.7039

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5230 LAK (High: 12.5411 / Low: 12.0181). On the other end, September was the most stable month, with a tight range of 0.0427 LAK (High: 12.7584 / Low: 12.7157).

March Spread (Volatile) ±0.5230

September Spread (Stable) ±0.0427

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0725 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0725

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 12.7710) against the same month in 2023 (average: 18.0823), the exchange rate shifted by -5.3113 (-29.37%).

2024 Avg (August) 12.7710

2023 Avg (August) 18.0823

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3274	12.1995	12.2710
February	12.4124	12.3232	12.3830
March	12.5411	12.0181	12.3178
April	12.3171	12.1522	12.2453
May	12.4022	12.2516	12.3178
June	12.7310	12.3991	12.5791
July	12.7929	12.7358	12.7704
August	12.8379	12.7254	12.7710
September	12.7584	12.7157	12.7385
October	12.8011	12.6037	12.6678
November	12.6719	12.6088	12.6487
December	12.6550	12.6059	12.6271