2024 MWK to PKR Historical Review

YEARLY HIGH

0.1679 PKR

YEARLY LOW

0.1594 PKR

YEARLY AVERAGE

0.1617 PKR

2024 MWK to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.1679. Conversely, the yearly low was recorded on September 25, dropping to 0.1594.

This high-to-low spread represents a total annual volatility of 0.0085 PKR. From a start-to-finish perspective, comparing the January average rate of 0.1664 to the December average rate of 0.1604, the exchange rate registered a net change of -3.57% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1679 was down 42.67% compared to the 2023 peak of 0.2929, 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 839 PKR

2023 Average 1,261 PKR

Yearly Trough Low 797 PKR

Transaction Impact: A difference of 42.32 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1670

0.1595

JanuMarcMayJulySeptNove

MWK to PKR 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 0.1629, compared to 0.1604 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.1629

H2 Avg (Jul–Dec) 0.1604

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0073 PKR (High: 0.1667 / Low: 0.1594). On the other end, November was the most stable month, with a tight range of 0.0004 PKR (High: 0.1603 / Low: 0.1600).

March Spread (Volatile) ±0.0073

November Spread (Stable) ±0.0004

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 March and April, when the average rate fell by 0.0038 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1664) against the same month in 2023 (average: 0.2284), the exchange rate shifted by -0.0621 (-27.18%).

2024 Avg (January) 0.1664

2023 Avg (January) 0.2284

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1679	0.1647	0.1664
February	0.1663	0.1644	0.1657
March	0.1667	0.1594	0.1640
April	0.1606	0.1596	0.1603
May	0.1611	0.1600	0.1605
June	0.1608	0.1604	0.1606
July	0.1608	0.1603	0.1606
August	0.1620	0.1605	0.1607
September	0.1607	0.1594	0.1604
October	0.1606	0.1599	0.1601
November	0.1603	0.1600	0.1602
December	0.1607	0.1601	0.1604