2024 MWK to TRY Historical Review

YEARLY HIGH

0.0204 TRY

YEARLY LOW

0.0175 TRY

YEARLY AVERAGE

0.0191 TRY

2024 MWK to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 0.0204. Conversely, the yearly low was recorded on January 1, dropping to 0.0175.

This high-to-low spread represents a total annual volatility of 0.0029 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0179 to the December average rate of 0.0202, the exchange rate registered a net change of 12.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0204 was down 21.28% compared to the 2023 peak of 0.0259, 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 102 TRY

2023 Average 106 TRY

Yearly Trough Low 88 TRY

Transaction Impact: A difference of 14.44 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0204

0.0177

JanuMarcMayJulySeptNove

MWK to TRY 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 0.0185, compared to 0.0196 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0185

H2 Avg (Jul–Dec) 0.0196

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0008 TRY (High: 0.0193 / Low: 0.0185). On the other end, October was the most stable month, with a tight range of 0.0001 TRY (High: 0.0198 / Low: 0.0197).

March Spread (Volatile) ±0.0008

October Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0202) against the same month in 2023 (average: 0.0173), the exchange rate shifted by +0.0029 (+16.88%).

2024 Avg (December) 0.0202

2023 Avg (December) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0181	0.0175	0.0179
February	0.0186	0.0180	0.0183
March	0.0193	0.0185	0.0189
April	0.0188	0.0184	0.0187
May	0.0187	0.0185	0.0186
June	0.0190	0.0186	0.0188
July	0.0191	0.0188	0.0190
August	0.0197	0.0191	0.0195
September	0.0197	0.0195	0.0196
October	0.0198	0.0197	0.0197
November	0.0200	0.0197	0.0199
December	0.0204	0.0200	0.0202