2024 NIO to MWK Historical Review

YEARLY HIGH

47.3829 MWK

YEARLY LOW

45.3586 MWK

YEARLY AVERAGE

46.8345 MWK

2024 NIO to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NIO to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 47.3829. Conversely, the yearly low was recorded on March 21, dropping to 45.3586.

This high-to-low spread represents a total annual volatility of 2.0243 MWK. From a start-to-finish perspective, comparing the January average rate of 45.9125 to the December average rate of 47.1273, the exchange rate registered a net change of 2.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 47.3829 was up 2.89% compared to the 2023 peak of 46.0534, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236,914 MWK

2023 Average 155,480 MWK

Yearly Trough Low 226,793 MWK

Transaction Impact: A difference of 10,121.64 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

47.2973

45.6349

JanuMarcMayJulySeptNove

NIO 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 46.5439, compared to 47.1252 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5813 points.

H1 Avg (Jan–Jun) 46.5439

H2 Avg (Jul–Dec) 47.1252

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.0032 MWK (High: 47.3617 / Low: 45.3586). On the other end, December was the most stable month, with a tight range of 0.0932 MWK (High: 47.1910 / Low: 47.0978).

March Spread (Volatile) ±2.0032

December Spread (Stable) ±0.0932

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 0.1391 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1391

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 47.1419) against the same month in 2023 (average: 29.6499), the exchange rate shifted by +17.4920 (+58.99%).

2024 Avg (September) 47.1419

2023 Avg (September) 29.6499

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	46.0012	45.6589	45.9125
February	46.0575	45.6867	45.7734
March	47.3617	45.3586	46.1924
April	47.3741	46.7974	47.1308
May	47.3792	46.9320	47.1439
June	47.2045	47.0244	47.1102
July	47.1783	47.0507	47.1037
August	47.1603	46.7474	47.0788
September	47.3829	47.1003	47.1419
October	47.1996	47.1044	47.1404
November	47.2252	47.1173	47.1587
December	47.1910	47.0978	47.1273