2024 SDG to MWK Historical Review

YEARLY HIGH

3.0517 MWK

YEARLY LOW

2.7887 MWK

YEARLY AVERAGE

2.8807 MWK

2024 SDG to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 2, valuing the pair at 3.0517. Conversely, the yearly low was recorded on March 7, dropping to 2.7887.

This high-to-low spread represents a total annual volatility of 0.2630 MWK. From a start-to-finish perspective, comparing the January average rate of 2.7998 to the December average rate of 2.8821, the exchange rate registered a net change of 2.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3.0517 was down 1.02% compared to the 2023 peak of 3.0833, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 15,259 MWK

2023 Average 9,528 MWK

Yearly Trough Low 13,943 MWK

Transaction Impact: A difference of 1,315.08 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9739

2.7840

JanuMarcMayJulySeptNove

SDG 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 2.8730, compared to 2.8885 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0156 points.

H1 Avg (Jan–Jun) 2.8730

H2 Avg (Jul–Dec) 2.8885

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1819 MWK (High: 3.0517 / Low: 2.8698). On the other end, October was the most stable month, with a tight range of 0.0137 MWK (High: 2.8947 / Low: 2.8809).

May Spread (Volatile) ±0.1819

October Spread (Stable) ±0.0137

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 April and May, when the average rate fell by 0.0628 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0628

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.8953) against the same month in 2023 (average: 1.7085), the exchange rate shifted by +1.1868 (+69.46%).

2024 Avg (May) 2.8953

2023 Avg (May) 1.7085

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8088	2.7897	2.7998
February	2.8289	2.7951	2.8015
March	2.9572	2.7887	2.8618
April	2.9710	2.8922	2.9581
May	3.0517	2.8698	2.8953
June	2.9748	2.8788	2.9213
July	2.9620	2.8768	2.9151
August	2.8870	2.8600	2.8796
September	2.8973	2.8780	2.8844
October	2.8947	2.8809	2.8854
November	2.8964	2.8774	2.8846
December	2.8873	2.8712	2.8821