YEARLY HIGH
0.2367 MWK
YEARLY LOW
0.2167 MWK
YEARLY AVERAGE
0.2280 MWK

2024 PYG to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PYG to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 24, valuing the pair at 0.2367. Conversely, the yearly low was recorded on October 27, dropping to 0.2167.

This high-to-low spread represents a total annual volatility of 0.0201 MWK. From a start-to-finish perspective, comparing the January average rate of 0.2311 to the December average rate of 0.2221, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2367 was up 2.43% compared to the 2023 peak of 0.2311, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,184 MWK
2023 Average 779 MWK
Yearly Trough Low 1,083 MWK
Transaction Impact: A difference of 100.25 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2360
0.2191
JanuMarcMayJulySeptNove

PYG 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 0.2317, compared to 0.2243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0074 points.

H1 Avg (Jan–Jun) 0.2317
H2 Avg (Jul–Dec) 0.2243

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0085 MWK (High: 0.2367 / Low: 0.2282). On the other end, June was the most stable month, with a tight range of 0.0009 MWK (High: 0.2308 / Low: 0.2298).

March Spread (Volatile) ±0.0085
June Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0049 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.2323) against the same month in 2023 (average: 0.1428), the exchange rate shifted by +0.0894 (+62.59%).

2024 Avg (March) 0.2323
2023 Avg (March) 0.1428

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2321 0.2303 0.2311
February 0.2318 0.2304 0.2311
March 0.2367 0.2282 0.2323
April 0.2362 0.2323 0.2345
May 0.2327 0.2297 0.2312
June 0.2308 0.2298 0.2302
July 0.2302 0.2287 0.2296
August 0.2293 0.2259 0.2285
September 0.2261 0.2220 0.2236
October 0.2226 0.2167 0.2205
November 0.2236 0.2195 0.2219
December 0.2230 0.2215 0.2221