2024 SYP to MWK Historical Review

YEARLY HIGH

0.6938 MWK

YEARLY LOW

0.1328 MWK

YEARLY AVERAGE

0.6692 MWK

2024 SYP to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 0.6938. Conversely, the yearly low was recorded on December 22, dropping to 0.1328.

This high-to-low spread represents a total annual volatility of 0.5610 MWK. From a start-to-finish perspective, comparing the January average rate of 0.6697 to the December average rate of 0.4926, the exchange rate registered a net change of -26.45% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6938 was up 3.00% compared to the 2023 peak of 0.6736, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,469 MWK

2023 Average 2,262 MWK

Yearly Trough Low 664 MWK

Transaction Impact: A difference of 2,804.98 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7106

0.4727

JanuMarcMayJulySeptNove

SYP 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 0.6811, compared to 0.6573 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0238 points.

H1 Avg (Jan–Jun) 0.6811

H2 Avg (Jul–Dec) 0.6573

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.5584 MWK (High: 0.6912 / Low: 0.1328). On the other end, July was the most stable month, with a tight range of 0.0027 MWK (High: 0.6908 / Low: 0.6881).

December Spread (Volatile) ±0.5584

July Spread (Stable) ±0.0027

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 0.1980 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1980

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.6900) against the same month in 2023 (average: 0.4078), the exchange rate shifted by +0.2821 (+69.18%).

2024 Avg (June) 0.6900

2023 Avg (June) 0.4078

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6719	0.6673	0.6697
February	0.6761	0.6686	0.6700
March	0.6937	0.6644	0.6762
April	0.6929	0.6880	0.6905
May	0.6929	0.6865	0.6901
June	0.6938	0.6885	0.6900
July	0.6908	0.6881	0.6899
August	0.6911	0.6847	0.6894
September	0.6936	0.6890	0.6905
October	0.6930	0.6897	0.6908
November	0.6934	0.6889	0.6906
December	0.6912	0.1328	0.4926