YEARLY HIGH
0.1500 YER
YEARLY LOW
0.1434 YER
YEARLY AVERAGE
0.1453 YER

2024 MWK to YER Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to YER exchange rate experienced significant fluctuation. The market reached its absolute peak on March 21, valuing the pair at 0.1500. Conversely, the yearly low was recorded on November 10, dropping to 0.1434.

This high-to-low spread represents a total annual volatility of 0.0066 YER. From a start-to-finish perspective, comparing the January average rate of 0.1488 to the December average rate of 0.1442, 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 0.1500 was down 39.39% compared to the 2023 peak of 0.2474, 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 750 YER
2023 Average 1,131 YER
Yearly Trough Low 717 YER
Transaction Impact: A difference of 32.84 YER purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1493
0.1436
JanuMarcMayJulySeptNove

MWK to YER 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 0.1463, compared to 0.1443 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1463
H2 Avg (Jul–Dec) 0.1443

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0063 YER (High: 0.1500 / Low: 0.1436). On the other end, July was the most stable month, with a tight range of 0.0006 YER (High: 0.1448 / Low: 0.1442).

March Spread (Volatile) ±0.0063
July Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between April and June, 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 March and April, when the average rate fell by 0.0031 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.1474) against the same month in 2023 (average: 0.2438), the exchange rate shifted by -0.0964 (-39.54%).

2024 Avg (March) 0.1474
2023 Avg (March) 0.2438

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1493 0.1482 0.1488
February 0.1490 0.1474 0.1487
March 0.1500 0.1436 0.1474
April 0.1448 0.1438 0.1443
May 0.1449 0.1438 0.1443
June 0.1447 0.1437 0.1444
July 0.1448 0.1442 0.1444
August 0.1455 0.1440 0.1445
September 0.1446 0.1437 0.1443
October 0.1445 0.1438 0.1442
November 0.1446 0.1434 0.1440
December 0.1447 0.1439 0.1442