2024 MWK to THB Historical Review

YEARLY HIGH

0.0218 THB

YEARLY LOW

0.0186 THB

YEARLY AVERAGE

0.0205 THB

2024 MWK to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0218. Conversely, the yearly low was recorded on September 27, dropping to 0.0186.

This high-to-low spread represents a total annual volatility of 0.0031 THB. From a start-to-finish perspective, comparing the January average rate of 0.0209 to the December average rate of 0.0197, the exchange rate registered a net change of -5.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0218 was down 37.81% compared to the 2023 peak of 0.0350, 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 109 THB

2023 Average 157 THB

Yearly Trough Low 93 THB

Transaction Impact: A difference of 15.62 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0215

0.0190

JanuMarcMayJulySeptNove

MWK to THB 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 0.0211, compared to 0.0198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0013 points.

H1 Avg (Jan–Jun) 0.0211

H2 Avg (Jul–Dec) 0.0198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was September, with a trading range of 0.0011 THB (High: 0.0198 / Low: 0.0186). On the other end, June was the most stable month, with a tight range of 0.0003 THB (High: 0.0213 / Low: 0.0210).

September Spread (Volatile) ±0.0011

June Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between September and November, 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 August and September, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0212) against the same month in 2023 (average: 0.0335), the exchange rate shifted by -0.0124 (-36.89%).

2024 Avg (March) 0.0212

2023 Avg (March) 0.0335

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0213	0.0204	0.0209
February	0.0215	0.0210	0.0213
March	0.0218	0.0209	0.0212
April	0.0214	0.0209	0.0212
May	0.0213	0.0208	0.0211
June	0.0213	0.0210	0.0212
July	0.0212	0.0205	0.0209
August	0.0205	0.0195	0.0200
September	0.0198	0.0186	0.0192
October	0.0195	0.0188	0.0192
November	0.0201	0.0193	0.0198
December	0.0200	0.0194	0.0197