2024 MWK to NPR Historical Review

YEARLY HIGH

0.0799 NPR

YEARLY LOW

0.0765 NPR

YEARLY AVERAGE

0.0777 NPR

2024 MWK to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0799. Conversely, the yearly low was recorded on March 29, dropping to 0.0765.

This high-to-low spread represents a total annual volatility of 0.0034 NPR. From a start-to-finish perspective, comparing the January average rate of 0.0790 to the December average rate of 0.0784, the exchange rate registered a net change of -0.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0799 was down 38.67% compared to the 2023 peak of 0.1303, 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 399 NPR

2023 Average 596 NPR

Yearly Trough Low 383 NPR

Transaction Impact: A difference of 16.88 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0792

0.0767

JanuMarcMayJulySeptNove

MWK to NPR 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 0.0778, compared to 0.0776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0778

H2 Avg (Jul–Dec) 0.0776

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0032 NPR (High: 0.0797 / Low: 0.0765). On the other end, July was the most stable month, with a tight range of 0.0002 NPR (High: 0.0773 / Low: 0.0770).

March Spread (Volatile) ±0.0032

July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 0.0013 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0013

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0790) against the same month in 2023 (average: 0.1280), the exchange rate shifted by -0.0489 (-38.25%).

2024 Avg (January) 0.0790

2023 Avg (January) 0.1280

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0799	0.0788	0.0790
February	0.0794	0.0787	0.0789
March	0.0797	0.0765	0.0782
April	0.0772	0.0766	0.0769
May	0.0773	0.0767	0.0769
June	0.0773	0.0767	0.0770
July	0.0773	0.0770	0.0771
August	0.0780	0.0771	0.0774
September	0.0775	0.0768	0.0773
October	0.0776	0.0773	0.0775
November	0.0781	0.0775	0.0778
December	0.0790	0.0780	0.0784