YEARLY HIGH
0.0093 MVR
YEARLY LOW
0.0083 MVR
YEARLY AVERAGE
0.0089 MVR

2024 MWK to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0093. Conversely, the yearly low was recorded on May 2, dropping to 0.0083.

This high-to-low spread represents a total annual volatility of 0.0010 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0092 to the December average rate of 0.0089, the exchange rate registered a net change of -2.89% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0093 was down 39.02% compared to the 2023 peak of 0.0152, 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 46 MVR
2023 Average 69 MVR
Yearly Trough Low 42 MVR
Transaction Impact: A difference of 4.81 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0092
0.0088
JanuMarcMayJulySeptNove

MWK to MVR 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 0.0090, compared to 0.0089 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) 0.0090
H2 Avg (Jul–Dec) 0.0089

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0007 MVR (High: 0.0090 / Low: 0.0083). On the other end, October was the most stable month, with a tight range of 0.0000 MVR (High: 0.0089 / Low: 0.0088).

May Spread (Volatile) ±0.0007
October Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0091) against the same month in 2023 (average: 0.0150), the exchange rate shifted by -0.0059 (-39.32%).

2024 Avg (March) 0.0091
2023 Avg (March) 0.0150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0092 0.0091 0.0092
February 0.0092 0.0091 0.0091
March 0.0093 0.0089 0.0091
April 0.0089 0.0089 0.0089
May 0.0090 0.0083 0.0089
June 0.0089 0.0088 0.0089
July 0.0089 0.0088 0.0089
August 0.0089 0.0088 0.0089
September 0.0089 0.0088 0.0089
October 0.0089 0.0088 0.0088
November 0.0089 0.0089 0.0089
December 0.0089 0.0089 0.0089