2024 PLN to MWK Historical Review

YEARLY HIGH

456.3583 MWK

YEARLY LOW

366.3952 MWK

YEARLY AVERAGE

432.8036 MWK

2024 PLN to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 456.3583. Conversely, the yearly low was recorded on January 1, dropping to 366.3952.

This high-to-low spread represents a total annual volatility of 89.9631 MWK. From a start-to-finish perspective, comparing the January average rate of 418.8913 to the December average rate of 425.2303, the exchange rate registered a net change of 1.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 456.3583 was up 5.47% compared to the 2023 peak of 432.6989, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 9,127,167 MWK

2023 Average 5,445,602 MWK

Yearly Trough Low 7,327,904 MWK

Transaction Impact: A difference of 1,799,262.94 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

453.8529

415.7130

JanuMarcMayJulySeptNove

PLN 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 428.2439, compared to 437.3633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.1193 points.

H1 Avg (Jan–Jun) 428.2439

H2 Avg (Jul–Dec) 437.3633

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 59.5077 MWK (High: 425.9029 / Low: 366.3952). On the other end, February was the most stable month, with a tight range of 8.9097 MWK (High: 424.3317 / Low: 415.4220).

January Spread (Volatile) ±59.5077

February Spread (Stable) ±8.9097

Growth Streaks & Declines

Trends

Between January and May, 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 September and October, when the average rate fell by 12.5529 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -12.5529

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 450.6746) against the same month in 2023 (average: 251.7266), the exchange rate shifted by +198.9480 (+79.03%).

2024 Avg (September) 450.6746

2023 Avg (September) 251.7266

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	425.9029	366.3952	418.8913
February	424.3317	415.4220	420.1712
March	438.1663	421.0069	428.7025
April	441.8587	422.0819	432.2290
May	443.1711	430.0650	437.7450
June	442.2626	422.7536	431.7245
July	443.9409	430.9896	439.4535
August	455.4695	434.3613	445.0887
September	456.3583	445.1852	450.6746
October	447.0910	430.1924	438.1217
November	435.5053	416.6765	425.6108
December	430.8603	419.5169	425.2303