2024 MWK to SRD Historical Review

YEARLY HIGH

0.0220 SRD

YEARLY LOW

0.0165 SRD

YEARLY AVERAGE

0.0193 SRD

2024 MWK to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 18, valuing the pair at 0.0220. Conversely, the yearly low was recorded on August 13, dropping to 0.0165.

This high-to-low spread represents a total annual volatility of 0.0054 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0218 to the December average rate of 0.0203, the exchange rate registered a net change of -6.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0220 was down 41.70% compared to the 2023 peak of 0.0377, 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 110 SRD

2023 Average 165 SRD

Yearly Trough Low 83 SRD

Transaction Impact: A difference of 27.06 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0223

0.0161

JanuMarcMayJulySeptNove

MWK to SRD 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 0.0201, compared to 0.0184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0201

H2 Avg (Jul–Dec) 0.0184

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0021 SRD (High: 0.0198 / Low: 0.0177). On the other end, August was the most stable month, with a tight range of 0.0002 SRD (High: 0.0168 / Low: 0.0165).

October Spread (Volatile) ±0.0021

August Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between August and December, 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 April and May, when the average rate fell by 0.0011 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0218) against the same month in 2023 (average: 0.0311), the exchange rate shifted by -0.0093 (-29.88%).

2024 Avg (January) 0.0218

2023 Avg (January) 0.0311

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0220	0.0216	0.0218
February	0.0218	0.0210	0.0215
March	0.0211	0.0201	0.0207
April	0.0202	0.0195	0.0200
May	0.0195	0.0185	0.0188
June	0.0186	0.0177	0.0181
July	0.0178	0.0166	0.0171
August	0.0168	0.0165	0.0166
September	0.0177	0.0166	0.0171
October	0.0198	0.0177	0.0187
November	0.0205	0.0198	0.0203
December	0.0204	0.0202	0.0203