2024 MZN to MWK Historical Review

YEARLY HIGH

27.3717 MWK

YEARLY LOW

26.1122 MWK

YEARLY AVERAGE

26.9649 MWK

2024 MZN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MZN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 27.3717. Conversely, the yearly low was recorded on March 21, dropping to 26.1122.

This high-to-low spread represents a total annual volatility of 1.2595 MWK. From a start-to-finish perspective, comparing the January average rate of 26.3781 to the December average rate of 27.1474, the exchange rate registered a net change of 2.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 27.3717 was up 3.30% compared to the 2023 peak of 26.4965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MZN based on timing:

Yearly Peak High 136,859 MWK

2023 Average 88,998 MWK

Yearly Trough Low 130,561 MWK

Transaction Impact: A difference of 6,297.72 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

27.2463

26.2715

JanuMarcMayJulySeptNove

MZN to MWK 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 26.7851, compared to 27.1446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3595 points.

H1 Avg (Jan–Jun) 26.7851

H2 Avg (Jul–Dec) 27.1446

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 1.1435 MWK (High: 27.2557 / Low: 26.1122). On the other end, July was the most stable month, with a tight range of 0.1170 MWK (High: 27.1745 / Low: 27.0575).

March Spread (Volatile) ±1.1435

July Spread (Stable) ±0.1170

Growth Streaks & Declines

Trends

Between February and May, 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 January and February, when the average rate fell by 0.0254 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0254

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 26.3781) against the same month in 2023 (average: 16.0158), the exchange rate shifted by +10.3623 (+64.70%).

2024 Avg (January) 26.3781

2023 Avg (January) 16.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	27.3717	26.2378	26.3781
February	26.5952	26.2990	26.3527
March	27.2557	26.1122	26.5883
April	27.2457	27.0044	27.1224
May	27.2457	26.9914	27.1364
June	27.2703	27.0697	27.1328
July	27.1745	27.0575	27.1322
August	27.1883	26.9218	27.1096
September	27.2732	27.1126	27.1637
October	27.2478	27.1204	27.1651
November	27.2643	27.0816	27.1498
December	27.1991	27.0567	27.1474