YEARLY HIGH
0.0831 MWK
YEARLY LOW
0.0796 MWK
YEARLY AVERAGE
0.0822 MWK

2024 SLL to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SLL to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.0831. Conversely, the yearly low was recorded on March 21, dropping to 0.0796.

This high-to-low spread represents a total annual volatility of 0.0035 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0802 to the December average rate of 0.0827, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0831 was up 3.00% compared to the 2023 peak of 0.0807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 416 MWK
2023 Average 297 MWK
Yearly Trough Low 398 MWK
Transaction Impact: A difference of 17.65 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0830
0.0800
JanuMarcMayJulySeptNove

SLL 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 0.0816, compared to 0.0827 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0816
H2 Avg (Jul–Dec) 0.0827

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0035 MWK (High: 0.0831 / Low: 0.0796). On the other end, July was the most stable month, with a tight range of 0.0003 MWK (High: 0.0828 / Low: 0.0825).

March Spread (Volatile) ±0.0035
July Spread (Stable) ±0.0003

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 0.0001 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0827) against the same month in 2023 (average: 0.0580), the exchange rate shifted by +0.0247 (+42.52%).

2024 Avg (June) 0.0827
2023 Avg (June) 0.0580

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0805 0.0800 0.0802
February 0.0810 0.0801 0.0803
March 0.0831 0.0796 0.0810
April 0.0830 0.0824 0.0827
May 0.0830 0.0823 0.0827
June 0.0831 0.0825 0.0827
July 0.0828 0.0825 0.0827
August 0.0828 0.0820 0.0826
September 0.0831 0.0826 0.0827
October 0.0830 0.0826 0.0828
November 0.0831 0.0825 0.0827
December 0.0828 0.0824 0.0827