2024 MWK to SLL Historical Review

YEARLY HIGH

12.5624 SLL

YEARLY LOW

12.0289 SLL

YEARLY AVERAGE

12.1746 SLL

2024 MWK to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 12.5624. Conversely, the yearly low was recorded on June 9, dropping to 12.0289.

This high-to-low spread represents a total annual volatility of 0.5335 SLL. From a start-to-finish perspective, comparing the January average rate of 12.4620 to the December average rate of 12.0960, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.5624 was down 37.47% compared to the 2023 peak of 20.0903, 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 62,812 SLL

2023 Average 85,549 SLL

Yearly Trough Low 60,145 SLL

Transaction Impact: A difference of 2,667.50 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.5000

12.0440

JanuMarcMayJulySeptNove

MWK to SLL 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 12.2569, compared to 12.0923 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1646 points.

H1 Avg (Jan–Jun) 12.2569

H2 Avg (Jul–Dec) 12.0923

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5317 SLL (High: 12.5624 / Low: 12.0307). On the other end, July was the most stable month, with a tight range of 0.0473 SLL (High: 12.1283 / Low: 12.0809).

March Spread (Volatile) ±0.5317

July Spread (Stable) ±0.0473

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 0.2579 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.2579

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 12.3453) against the same month in 2023 (average: 17.2062), the exchange rate shifted by -4.8609 (-28.25%).

2024 Avg (March) 12.3453

2023 Avg (March) 17.2062

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.5072	12.4219	12.4620
February	12.4830	12.3439	12.4564
March	12.5624	12.0307	12.3453
April	12.1304	12.0445	12.0874
May	12.1580	12.0445	12.0937
June	12.1228	12.0289	12.0965
July	12.1283	12.0809	12.0971
August	12.1894	12.0756	12.1067
September	12.1131	12.0324	12.0862
October	12.1009	12.0436	12.0820
November	12.1156	12.0363	12.0857
December	12.1420	12.0742	12.0960