2024 MWK to PHP Historical Review

YEARLY HIGH

0.0343 PHP

YEARLY LOW

0.0320 PHP

YEARLY AVERAGE

0.0333 PHP

2024 MWK to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0343. Conversely, the yearly low was recorded on September 19, dropping to 0.0320.

This high-to-low spread represents a total annual volatility of 0.0023 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0333 to the December average rate of 0.0337, the exchange rate registered a net change of 1.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0343 was down 37.76% compared to the 2023 peak of 0.0551, 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 171 PHP

2023 Average 251 PHP

Yearly Trough Low 160 PHP

Transaction Impact: A difference of 11.37 PHP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0340

0.0321

JanuMarcMayJulySeptNove

MWK to PHP 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 0.0333, compared to 0.0333 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0333

H2 Avg (Jul–Dec) 0.0333

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0013 PHP (High: 0.0336 / Low: 0.0322). On the other end, June was the most stable month, with a tight range of 0.0003 PHP (High: 0.0340 / Low: 0.0337).

March Spread (Volatile) ±0.0013

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and June, 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 July and August, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0337) against the same month in 2023 (average: 0.0330), the exchange rate shifted by +0.0007 (+2.25%).

2024 Avg (December) 0.0337

2023 Avg (December) 0.0330

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0335	0.0328	0.0333
February	0.0335	0.0330	0.0333
March	0.0336	0.0322	0.0329
April	0.0333	0.0324	0.0329
May	0.0338	0.0328	0.0333
June	0.0340	0.0337	0.0339
July	0.0339	0.0336	0.0337
August	0.0337	0.0324	0.0329
September	0.0326	0.0320	0.0323
October	0.0337	0.0324	0.0331
November	0.0341	0.0336	0.0338
December	0.0343	0.0333	0.0337