2024 SAR to MWK Historical Review

YEARLY HIGH

464.8038 MWK

YEARLY LOW

445.0953 MWK

YEARLY AVERAGE

459.1105 MWK

2024 SAR to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SAR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 464.8038. Conversely, the yearly low was recorded on March 21, dropping to 445.0953.

This high-to-low spread represents a total annual volatility of 19.7085 MWK. From a start-to-finish perspective, comparing the January average rate of 448.6920 to the December average rate of 461.4786, the exchange rate registered a net change of 2.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 464.8038 was up 3.02% compared to the 2023 peak of 451.1671, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,324,019 MWK

2023 Average 1,515,225 MWK

Yearly Trough Low 2,225,477 MWK

Transaction Impact: A difference of 98,542.31 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

463.9116

447.3084

JanuMarcMayJulySeptNove

SAR 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 456.2655, compared to 461.9554 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.6900 points.

H1 Avg (Jan–Jun) 456.2655

H2 Avg (Jul–Dec) 461.9554

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 19.2245 MWK (High: 464.3198 / Low: 445.0953). On the other end, July was the most stable month, with a tight range of 1.8030 MWK (High: 462.7686 / Low: 460.9656).

March Spread (Volatile) ±19.2245

July Spread (Stable) ±1.8030

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 July and August, when the average rate fell by 0.5188 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.5188

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 462.1569) against the same month in 2023 (average: 273.2148), the exchange rate shifted by +188.9420 (+69.16%).

2024 Avg (June) 462.1569

2023 Avg (June) 273.2148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	450.1629	447.0868	448.6920
February	452.9931	447.8668	448.8927
March	464.3198	445.0953	453.0049
April	464.1023	460.8275	462.5280
May	464.2162	459.9279	462.3185
June	464.8038	460.9995	462.1569
July	462.7686	460.9656	462.1136
August	462.7915	458.4865	461.5947
September	464.4928	461.3352	462.3790
October	463.5263	461.4738	462.1759
November	463.9431	460.6873	461.9910
December	462.3232	459.7670	461.4786