YEARLY HIGH
13.3486 STD
YEARLY LOW
12.7817 STD
YEARLY AVERAGE
12.9365 STD

2024 MWK to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 13.3486. Conversely, the yearly low was recorded on June 9, dropping to 12.7817.

This high-to-low spread represents a total annual volatility of 0.5669 STD. From a start-to-finish perspective, comparing the January average rate of 13.2419 to the December average rate of 12.8530, 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 13.3486 was down 40.83% compared to the 2023 peak of 22.5580, 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 66,743 STD
2023 Average 102,133 STD
Yearly Trough Low 63,909 STD
Transaction Impact: A difference of 2,834.43 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.2822
12.7978
JanuMarcMayJulySeptNove

MWK to STD 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 13.0239, compared to 12.8490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1749 points.

H1 Avg (Jan–Jun) 13.0239
H2 Avg (Jul–Dec) 12.8490

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5650 STD (High: 13.3486 / Low: 12.7836). On the other end, July was the most stable month, with a tight range of 0.0503 STD (High: 12.8873 / Low: 12.8370).

March Spread (Volatile) ±0.5650
July Spread (Stable) ±0.0503

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 0.2740 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2740

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 13.1178) against the same month in 2023 (average: 22.2311), the exchange rate shifted by -9.1133 (-40.99%).

2024 Avg (March) 13.1178
2023 Avg (March) 22.2311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.2899 13.1993 13.2419
February 13.2642 13.1164 13.2359
March 13.3486 12.7836 13.1178
April 12.8896 12.7983 12.8438
May 12.9188 12.7983 12.8505
June 12.8815 12.7817 12.8535
July 12.8873 12.8370 12.8542
August 12.9523 12.8313 12.8643
September 12.8712 12.7854 12.8426
October 12.8582 12.7973 12.8381
November 12.8738 12.7895 12.8420
December 12.9018 12.8298 12.8530