2024 MWK to NOK Historical Review

YEARLY HIGH

0.0066 NOK

YEARLY LOW

0.0060 NOK

YEARLY AVERAGE

0.0062 NOK

2024 MWK to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0066. Conversely, the yearly low was recorded on September 24, dropping to 0.0060.

This high-to-low spread represents a total annual volatility of 0.0006 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0065, the exchange rate registered a net change of 4.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0066 was down 39.50% compared to the 2023 peak of 0.0109, 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 33 NOK

2023 Average 48 NOK

Yearly Trough Low 30 NOK

Transaction Impact: A difference of 3.03 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065

0.0061

JanuMarcMayJulySeptNove

MWK to NOK 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 0.0062, compared to 0.0063 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0062

H2 Avg (Jul–Dec) 0.0063

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0003 NOK (High: 0.0064 / Low: 0.0060). On the other end, June was the most stable month, with a tight range of 0.0001 NOK (High: 0.0062 / Low: 0.0060).

August Spread (Volatile) ±0.0003

June 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 April and May, when the average rate fell by 0.0001 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0065) against the same month in 2023 (average: 0.0062), the exchange rate shifted by +0.0002 (+3.77%).

2024 Avg (December) 0.0065

2023 Avg (December) 0.0062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0063	0.0060	0.0062
February	0.0063	0.0062	0.0063
March	0.0064	0.0062	0.0062
April	0.0064	0.0061	0.0063
May	0.0064	0.0060	0.0062
June	0.0062	0.0060	0.0061
July	0.0064	0.0061	0.0062
August	0.0064	0.0060	0.0062
September	0.0063	0.0060	0.0061
October	0.0063	0.0061	0.0062
November	0.0064	0.0063	0.0064
December	0.0066	0.0064	0.0065