YEARLY HIGH
0.0106 MDL
YEARLY LOW
0.0099 MDL
YEARLY AVERAGE
0.0103 MDL

2024 MWK to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 0.0106. Conversely, the yearly low was recorded on August 29, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0007 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0105 to the December average rate of 0.0106, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0106 was down 43.30% compared to the 2023 peak of 0.0188, 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 53 MDL
2023 Average 82 MDL
Yearly Trough Low 50 MDL
Transaction Impact: A difference of 3.49 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0106
0.0100
JanuMarcMayJulySeptNove

MWK to MDL 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 0.0103, compared to 0.0102 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) 0.0103
H2 Avg (Jul–Dec) 0.0102

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0005 MDL (High: 0.0106 / Low: 0.0101). On the other end, September was the most stable month, with a tight range of 0.0001 MDL (High: 0.0101 / Low: 0.0100).

March Spread (Volatile) ±0.0005
September Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between September and December, 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 February and March, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0106) against the same month in 2023 (average: 0.0183), the exchange rate shifted by -0.0077 (-42.19%).

2024 Avg (February) 0.0106
2023 Avg (February) 0.0183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0105 0.0103 0.0105
February 0.0106 0.0105 0.0106
March 0.0106 0.0101 0.0104
April 0.0104 0.0101 0.0102
May 0.0102 0.0101 0.0102
June 0.0103 0.0101 0.0102
July 0.0103 0.0101 0.0102
August 0.0102 0.0099 0.0101
September 0.0101 0.0100 0.0100
October 0.0104 0.0100 0.0102
November 0.0106 0.0102 0.0104
December 0.0106 0.0105 0.0106