2024 QAR to MWK Historical Review

YEARLY HIGH

479.5764 MWK

YEARLY LOW

457.5169 MWK

YEARLY AVERAGE

472.8939 MWK

2024 QAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the QAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 2, valuing the pair at 479.5764. Conversely, the yearly low was recorded on March 21, dropping to 457.5169.

This high-to-low spread represents a total annual volatility of 22.0595 MWK. From a start-to-finish perspective, comparing the January average rate of 461.8714 to the December average rate of 475.8937, the exchange rate registered a net change of 3.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 479.5764 was up 3.17% compared to the 2023 peak of 464.8347, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,397,882 MWK

2023 Average 1,560,234 MWK

Yearly Trough Low 2,287,584 MWK

Transaction Impact: A difference of 110,297.45 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

477.7665

460.4263

JanuMarcMayJulySeptNove

QAR 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 469.7238, compared to 476.0641 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.3403 points.

H1 Avg (Jan–Jun) 469.7238

H2 Avg (Jul–Dec) 476.0641

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 21.1978 MWK (High: 478.7146 / Low: 457.5169). On the other end, February was the most stable month, with a tight range of 1.1654 MWK (High: 462.3816 / Low: 461.2162).

March Spread (Volatile) ±21.1978

February Spread (Stable) ±1.1654

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 0.4278 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4278

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 476.0239) against the same month in 2023 (average: 295.0990), the exchange rate shifted by +180.9249 (+61.31%).

2024 Avg (August) 476.0239

2023 Avg (August) 295.0990

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	462.7421	460.4769	461.8714
February	462.3816	461.2162	462.0197
March	478.7146	457.5169	466.5249
April	478.1982	474.1265	476.2612
May	477.9529	474.4721	475.9366
June	477.1536	472.5285	475.7289
July	476.6580	474.8301	475.7064
August	479.5764	474.2162	476.0239
September	478.5504	475.5717	476.2816
October	476.9263	475.4410	476.1575
November	477.1539	475.6551	476.3215
December	476.7751	475.1068	475.8937