YEARLY HIGH
0.0052 SBD
YEARLY LOW
0.0048 SBD
YEARLY AVERAGE
0.0049 SBD

2024 MWK to SBD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to SBD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 0.0052. Conversely, the yearly low was recorded on October 6, dropping to 0.0048.

This high-to-low spread represents a total annual volatility of 0.0004 SBD. From a start-to-finish perspective, comparing the January average rate of 0.0050 to the December average rate of 0.0048, the exchange rate registered a net change of -3.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0052 was down 36.75% compared to the 2023 peak of 0.0082, 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 26 SBD
2023 Average 38 SBD
Yearly Trough Low 24 SBD
Transaction Impact: A difference of 2.20 SBD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0050
0.0048
JanuMarcMayJulySeptNove

MWK to SBD 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 0.0049, compared to 0.0048 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0049
H2 Avg (Jul–Dec) 0.0048

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 SBD (High: 0.0052 / Low: 0.0049). On the other end, June was the most stable month, with a tight range of 0.0000 SBD (High: 0.0049 / Low: 0.0049).

March Spread (Volatile) ±0.0003
June Spread (Stable) ±0.0000

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

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0050) against the same month in 2023 (average: 0.0080), the exchange rate shifted by -0.0030 (-37.82%).

2024 Avg (March) 0.0050
2023 Avg (March) 0.0080

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0050 0.0050 0.0050
February 0.0051 0.0050 0.0050
March 0.0052 0.0049 0.0050
April 0.0049 0.0049 0.0049
May 0.0049 0.0049 0.0049
June 0.0049 0.0049 0.0049
July 0.0049 0.0048 0.0049
August 0.0049 0.0048 0.0049
September 0.0049 0.0048 0.0048
October 0.0048 0.0048 0.0048
November 0.0048 0.0048 0.0048
December 0.0049 0.0048 0.0048