YEARLY HIGH
0.3586 SDG
YEARLY LOW
0.3277 SDG
YEARLY AVERAGE
0.3472 SDG

2024 MWK to SDG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to SDG exchange rate experienced significant fluctuation. The market reached its absolute peak on March 7, valuing the pair at 0.3586. Conversely, the yearly low was recorded on May 2, dropping to 0.3277.

This high-to-low spread represents a total annual volatility of 0.0309 SDG. From a start-to-finish perspective, comparing the January average rate of 0.3572 to the December average rate of 0.3470, the exchange rate registered a net change of -2.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3586 was down 39.64% compared to the 2023 peak of 0.5941, 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 1,793 SDG
2023 Average 2,692 SDG
Yearly Trough Low 1,638 SDG
Transaction Impact: A difference of 154.53 SDG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3591
0.3362
JanuMarcMayJulySeptNove

MWK to SDG 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 0.3483, compared to 0.3462 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.3483
H2 Avg (Jul–Dec) 0.3462

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0208 SDG (High: 0.3485 / Low: 0.3277). On the other end, October was the most stable month, with a tight range of 0.0016 SDG (High: 0.3471 / Low: 0.3455).

May Spread (Volatile) ±0.0208
October Spread (Stable) ±0.0016

Growth Streaks & Declines

Trends

Between June and August, 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 0.0115 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0115

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.3495) against the same month in 2023 (average: 0.5744), the exchange rate shifted by -0.2249 (-39.15%).

2024 Avg (March) 0.3495
2023 Avg (March) 0.5744

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3585 0.3560 0.3572
February 0.3578 0.3535 0.3570
March 0.3586 0.3382 0.3495
April 0.3458 0.3366 0.3381
May 0.3485 0.3277 0.3455
June 0.3474 0.3362 0.3424
July 0.3476 0.3376 0.3431
August 0.3496 0.3464 0.3473
September 0.3475 0.3451 0.3467
October 0.3471 0.3455 0.3466
November 0.3475 0.3453 0.3467
December 0.3483 0.3463 0.3470