YEARLY HIGH
0.0066 TJS
YEARLY LOW
0.0061 TJS
YEARLY AVERAGE
0.0063 TJS

2024 MWK to TJS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to TJS exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.0066. Conversely, the yearly low was recorded on August 8, dropping to 0.0061.

This high-to-low spread represents a total annual volatility of 0.0005 TJS. From a start-to-finish perspective, comparing the January average rate of 0.0065 to the December average rate of 0.0063, the exchange rate registered a net change of -3.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0066 was down 38.88% compared to the 2023 peak of 0.0107, 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 33 TJS
2023 Average 49 TJS
Yearly Trough Low 30 TJS
Transaction Impact: A difference of 2.45 TJS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0065
0.0061
JanuMarcMayJulySeptNove

MWK to TJS 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 0.0064, compared to 0.0062 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0064
H2 Avg (Jul–Dec) 0.0062

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0003 TJS (High: 0.0066 / Low: 0.0063). On the other end, October was the most stable month, with a tight range of 0.0000 TJS (High: 0.0061 / Low: 0.0061).

March Spread (Volatile) ±0.0003
October Spread (Stable) ±0.0000

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 March and April, when the average rate fell by 0.0001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0064) against the same month in 2023 (average: 0.0103), the exchange rate shifted by -0.0038 (-37.33%).

2024 Avg (March) 0.0064
2023 Avg (March) 0.0103

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0065 0.0065 0.0065
February 0.0065 0.0065 0.0065
March 0.0066 0.0063 0.0064
April 0.0063 0.0063 0.0063
May 0.0063 0.0062 0.0063
June 0.0062 0.0061 0.0062
July 0.0062 0.0061 0.0061
August 0.0062 0.0061 0.0061
September 0.0062 0.0061 0.0061
October 0.0061 0.0061 0.0061
November 0.0063 0.0061 0.0061
December 0.0063 0.0063 0.0063