YEARLY HIGH
53.6518 LBP
YEARLY LOW
8.9013 LBP
YEARLY AVERAGE
45.6291 LBP

2024 MWK to LBP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 53.6518. Conversely, the yearly low was recorded on February 14, dropping to 8.9013.

This high-to-low spread represents a total annual volatility of 44.7506 LBP. From a start-to-finish perspective, comparing the January average rate of 8.9324 to the December average rate of 51.6396, the exchange rate registered a net change of 478.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 53.6518 was up 257.62% compared to the 2023 peak of 15.0023, 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 268,259 LBP
2023 Average 61,526 LBP
Yearly Trough Low 44,506 LBP
Transaction Impact: A difference of 223,752.81 LBP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

57.0948
4.5540
JanuMarcMayJulySeptNove

MWK to LBP 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 39.6151, compared to 51.6431 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.0281 points.

H1 Avg (Jan–Jun) 39.6151
H2 Avg (Jul–Dec) 51.6431

Volatility Range Comparison

Volatility

The most volatile month in 2024 was February, with a trading range of 44.3667 LBP (High: 53.2680 / Low: 8.9013). On the other end, January was the most stable month, with a tight range of 0.0373 LBP (High: 8.9498 / Low: 8.9125).

February Spread (Volatile) ±44.3667
January Spread (Stable) ±0.0373

Growth Streaks & Declines

Trends

Between January and March, 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 1.1134 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -1.1134

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 52.7164) against the same month in 2023 (average: 14.6835), the exchange rate shifted by +38.0329 (+259.02%).

2024 Avg (March) 52.7164
2023 Avg (March) 14.6835

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 8.9498 8.9125 8.9324
February 53.2680 8.9013 21.1445
March 53.6518 51.4917 52.7164
April 51.7104 51.4647 51.6030
May 51.7917 51.4750 51.6280
June 51.8029 51.6041 51.6661
July 51.7353 51.5036 51.6484
August 52.0548 51.5437 51.6658
September 51.7004 51.3886 51.6266
October 51.7376 51.5841 51.6376
November 51.8724 51.5841 51.6407
December 51.6552 51.6042 51.6396