2024 NAD to MWK Historical Review

YEARLY HIGH

101.0183 MWK

YEARLY LOW

87.1025 MWK

YEARLY AVERAGE

94.0838 MWK

2024 NAD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NAD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 27, valuing the pair at 101.0183. Conversely, the yearly low was recorded on February 26, dropping to 87.1025.

This high-to-low spread represents a total annual volatility of 13.9158 MWK. From a start-to-finish perspective, comparing the January average rate of 89.5785 to the December average rate of 95.1443, the exchange rate registered a net change of 6.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 101.0183 was up 9.11% compared to the 2023 peak of 92.5855, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505,092 MWK

2023 Average 307,230 MWK

Yearly Trough Low 435,513 MWK

Transaction Impact: A difference of 69,579.09 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

99.7571

87.7291

JanuMarcMayJulySeptNove

NAD 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 91.4489, compared to 96.7188 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.2698 points.

H1 Avg (Jan–Jun) 91.4489

H2 Avg (Jul–Dec) 96.7188

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 6.3187 MWK (High: 98.2546 / Low: 91.9359). On the other end, October was the most stable month, with a tight range of 2.4638 MWK (High: 100.2168 / Low: 97.7530).

December Spread (Volatile) ±6.3187

October Spread (Stable) ±2.4638

Growth Streaks & Declines

Trends

Between June and October, 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 October and November, when the average rate fell by 1.9664 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -1.9664

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 98.5010) against the same month in 2023 (average: 57.1642), the exchange rate shifted by +41.3368 (+72.31%).

2024 Avg (September) 98.5010

2023 Avg (September) 57.1642

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	91.1501	87.7729	89.5785
February	91.1924	87.1025	88.7314
March	92.3199	87.8856	90.1114
April	93.9030	90.2133	91.8585
May	95.8443	93.1517	94.3174
June	96.8520	91.1360	94.0961
July	96.3765	93.8956	95.0595
August	98.3296	93.3261	96.0646
September	101.0183	96.4972	98.5010
October	100.2168	97.7530	98.7548
November	99.5364	95.1233	96.7884
December	98.2546	91.9359	95.1443