2024 MWK to MZN Historical Review

YEARLY HIGH

0.0383 MZN

YEARLY LOW

0.0365 MZN

YEARLY AVERAGE

0.0371 MZN

2024 MWK to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0383. Conversely, the yearly low was recorded on January 22, dropping to 0.0365.

This high-to-low spread represents a total annual volatility of 0.0018 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0379 to the December average rate of 0.0368, the exchange rate registered a net change of -2.84% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0383 was down 39.36% compared to the 2023 peak of 0.0632, 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 191 MZN

2023 Average 288 MZN

Yearly Trough Low 183 MZN

Transaction Impact: A difference of 8.81 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0381

0.0367

JanuMarcMayJulySeptNove

MWK to MZN 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 0.0373, compared to 0.0368 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0373

H2 Avg (Jul–Dec) 0.0368

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0016 MZN (High: 0.0383 / Low: 0.0367). On the other end, July was the most stable month, with a tight range of 0.0002 MZN (High: 0.0370 / Low: 0.0368).

March Spread (Volatile) ±0.0016

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0376) against the same month in 2023 (average: 0.0622), the exchange rate shifted by -0.0246 (-39.54%).

2024 Avg (March) 0.0376

2023 Avg (March) 0.0622

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0381	0.0365	0.0379
February	0.0380	0.0376	0.0379
March	0.0383	0.0367	0.0376
April	0.0370	0.0367	0.0369
May	0.0370	0.0367	0.0369
June	0.0369	0.0367	0.0369
July	0.0370	0.0368	0.0369
August	0.0371	0.0368	0.0369
September	0.0369	0.0367	0.0368
October	0.0369	0.0367	0.0368
November	0.0369	0.0367	0.0368
December	0.0370	0.0368	0.0368