2024 MWK to VND Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 MWK to VND Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the MWK to VND exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 14.8508. Conversely, the yearly low was recorded on September 25, dropping to 14.1140.
This high-to-low spread represents a total annual volatility of 0.7368 VND. From a start-to-finish perspective, comparing the January average rate of 14.5488 to the December average rate of 14.6638, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 14.8508 was down 36.53% compared to the 2023 peak of 23.3991, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MWK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
MWK to VND Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.5870, compared to 14.5022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0847 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 0.6163 VND (High: 14.8508 / Low: 14.2345). On the other end, December was the most stable month, with a tight range of 0.1259 VND (High: 14.7392 / Low: 14.6133).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2516 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 14.5549) against the same month in 2023 (average: 22.9906), the exchange rate shifted by -8.4357 (-36.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.6238 | 14.3764 | 14.5488 |
| February | 14.6624 | 14.3349 | 14.5517 |
| March | 14.8508 | 14.2345 | 14.5549 |
| April | 14.7114 | 14.2821 | 14.5152 |
| May | 14.7549 | 14.5912 | 14.6734 |
| June | 14.7160 | 14.5760 | 14.6778 |
| July | 14.7001 | 14.5581 | 14.6381 |
| August | 14.6504 | 14.3163 | 14.4554 |
| September | 14.3460 | 14.1140 | 14.2038 |
| October | 14.6506 | 14.2014 | 14.4327 |
| November | 14.6759 | 14.5075 | 14.6195 |
| December | 14.7392 | 14.6133 | 14.6638 |