2024 SBD to MWK Historical Review

YEARLY HIGH

210.1907 MWK

YEARLY LOW

192.3979 MWK

YEARLY AVERAGE

204.5248 MWK

2024 SBD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SBD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 6, valuing the pair at 210.1907. Conversely, the yearly low was recorded on March 12, dropping to 192.3979.

This high-to-low spread represents a total annual volatility of 17.7927 MWK. From a start-to-finish perspective, comparing the January average rate of 199.8273 to the December average rate of 206.8915, the exchange rate registered a net change of 3.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 210.1907 was up 5.03% compared to the 2023 peak of 200.1278, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,050,953 MWK

2023 Average 680,353 MWK

Yearly Trough Low 961,990 MWK

Transaction Impact: A difference of 88,963.53 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

209.9057

198.1718

JanuMarcMayJulySeptNove

SBD 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 202.2480, compared to 206.8017 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.5538 points.

H1 Avg (Jan–Jun) 202.2480

H2 Avg (Jul–Dec) 206.8017

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 13.2428 MWK (High: 205.6408 / Low: 192.3979). On the other end, June was the most stable month, with a tight range of 1.5731 MWK (High: 205.5423 / Low: 203.9692).

March Spread (Volatile) ±13.2428

June Spread (Stable) ±1.5731

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 October and November, when the average rate fell by 1.3972 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.3972

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 208.9279) against the same month in 2023 (average: 136.0658), the exchange rate shifted by +72.8621 (+53.55%).

2024 Avg (October) 208.9279

2023 Avg (October) 136.0658

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	201.5346	198.9076	199.8273
February	201.6118	197.7601	199.1496
March	205.6408	192.3979	200.6871
April	206.1570	202.9999	204.6073
May	205.4131	203.4879	204.3497
June	205.5423	203.9692	204.8667
July	206.4322	204.2760	205.1526
August	206.3710	202.7343	204.2771
September	209.9018	204.5712	208.0306
October	210.1907	207.7012	208.9279
November	209.0359	206.3918	207.5307
December	208.0871	206.0016	206.8915