2024 NPR to MWK Historical Review

YEARLY HIGH

13.0691 MWK

YEARLY LOW

12.5168 MWK

YEARLY AVERAGE

12.8710 MWK

2024 NPR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the NPR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 13.0691. Conversely, the yearly low was recorded on January 2, dropping to 12.5168.

This high-to-low spread represents a total annual volatility of 0.5523 MWK. From a start-to-finish perspective, comparing the January average rate of 12.6558 to the December average rate of 12.7577, the exchange rate registered a net change of 0.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 13.0691 was up 3.10% compared to the 2023 peak of 12.6755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 65,345 MWK

2023 Average 43,007 MWK

Yearly Trough Low 62,584 MWK

Transaction Impact: A difference of 2,761.37 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

13.0445

12.6204

JanuMarcMayJulySeptNove

NPR 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 12.8530, compared to 12.8890 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0360 points.

H1 Avg (Jan–Jun) 12.8530

H2 Avg (Jul–Dec) 12.8890

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.5195 MWK (High: 13.0691 / Low: 12.5496). On the other end, July was the most stable month, with a tight range of 0.0395 MWK (High: 12.9825 / Low: 12.9429).

March Spread (Volatile) ±0.5195

July Spread (Stable) ±0.0395

Growth Streaks & Declines

Trends

Between January and April, 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 November and December, when the average rate fell by 0.1000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 12.7958) against the same month in 2023 (average: 7.8061), the exchange rate shifted by +4.9897 (+63.92%).

2024 Avg (March) 12.7958

2023 Avg (March) 7.8061

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.6962	12.5168	12.6558
February	12.7039	12.5932	12.6753
March	13.0691	12.5496	12.7958
April	13.0562	12.9491	13.0092
May	13.0429	12.9294	13.0006
June	13.0341	12.9367	12.9813
July	12.9825	12.9429	12.9642
August	12.9648	12.8128	12.9151
September	13.0222	12.8995	12.9373
October	12.9321	12.8829	12.9019
November	12.9095	12.8115	12.8577
December	12.8192	12.6589	12.7577