YEARLY HIGH
0.0120 MXN
YEARLY LOW
0.0094 MXN
YEARLY AVERAGE
0.0106 MXN

2024 MWK to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0120. Conversely, the yearly low was recorded on April 9, dropping to 0.0094.

This high-to-low spread represents a total annual volatility of 0.0026 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0101 to the December average rate of 0.0117, the exchange rate registered a net change of 15.25% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0120 was down 36.71% compared to the 2023 peak of 0.0190, 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 60 MXN
2023 Average 80 MXN
Yearly Trough Low 47 MXN
Transaction Impact: A difference of 12.99 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0119
0.0095
JanuMarcMayJulySeptNove

MWK to MXN 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 0.0100, compared to 0.0113 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0100
H2 Avg (Jul–Dec) 0.0113

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.0010 MXN (High: 0.0108 / Low: 0.0098). On the other end, February was the most stable month, with a tight range of 0.0001 MXN (High: 0.0102 / Low: 0.0101).

June Spread (Volatile) ±0.0010
February Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between July and November, 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 February and March, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0117) against the same month in 2023 (average: 0.0102), the exchange rate shifted by +0.0015 (+14.64%).

2024 Avg (December) 0.0117
2023 Avg (December) 0.0102

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0103 0.0100 0.0101
February 0.0102 0.0101 0.0102
March 0.0101 0.0095 0.0099
April 0.0099 0.0094 0.0097
May 0.0098 0.0095 0.0097
June 0.0108 0.0098 0.0105
July 0.0108 0.0102 0.0104
August 0.0114 0.0107 0.0111
September 0.0116 0.0110 0.0113
October 0.0116 0.0111 0.0113
November 0.0119 0.0114 0.0117
December 0.0120 0.0116 0.0117