2024 MWK to NAD Historical Review

YEARLY HIGH

0.0115 NAD

YEARLY LOW

0.0099 NAD

YEARLY AVERAGE

0.0106 NAD

2024 MWK to NAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to NAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 0.0115. Conversely, the yearly low was recorded on September 28, dropping to 0.0099.

This high-to-low spread represents a total annual volatility of 0.0016 NAD. From a start-to-finish perspective, comparing the January average rate of 0.0112 to the December average rate of 0.0105, the exchange rate registered a net change of -5.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0115 was down 40.39% compared to the 2023 peak of 0.0193, 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 57 NAD

2023 Average 83 NAD

Yearly Trough Low 49 NAD

Transaction Impact: A difference of 7.91 NAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0114

0.0100

JanuMarcMayJulySeptNove

MWK to NAD 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 0.0109, compared to 0.0103 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0109

H2 Avg (Jul–Dec) 0.0103

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0007 NAD (High: 0.0109 / Low: 0.0102). On the other end, October was the most stable month, with a tight range of 0.0003 NAD (High: 0.0102 / Low: 0.0100).

December Spread (Volatile) ±0.0007

October Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between October and December, 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 April and May, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0113) against the same month in 2023 (average: 0.0174), the exchange rate shifted by -0.0062 (-35.31%).

2024 Avg (February) 0.0113

2023 Avg (February) 0.0174

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0114	0.0110	0.0112
February	0.0115	0.0110	0.0113
March	0.0114	0.0108	0.0111
April	0.0111	0.0106	0.0109
May	0.0107	0.0104	0.0106
June	0.0110	0.0103	0.0106
July	0.0107	0.0104	0.0105
August	0.0107	0.0102	0.0104
September	0.0104	0.0099	0.0102
October	0.0102	0.0100	0.0101
November	0.0105	0.0100	0.0103
December	0.0109	0.0102	0.0105