2024 TJS to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TJS to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TJS to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 8, valuing the pair at 164.6260. Conversely, the yearly low was recorded on March 21, dropping to 152.3293.
This high-to-low spread represents a total annual volatility of 12.2966 MWK. From a start-to-finish perspective, comparing the January average rate of 154.0370 to the December average rate of 158.8622, the exchange rate registered a net change of 3.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 164.6260 was up 6.60% compared to the 2023 peak of 154.4316, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TJS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TJS to MWK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 157.3095, compared to 162.2643 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.9549 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 6.9973 MWK (High: 159.3266 / Low: 152.3293). On the other end, October was the most stable month, with a tight range of 0.6637 MWK (High: 163.3266 / Low: 162.6629).
Growth Streaks & Declines
TrendsBetween February and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 3.7754 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2024: 163.2989) against the same month in 2023 (average: 97.9831), the exchange rate shifted by +65.3159 (+66.66%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 154.4308 | 153.4116 | 154.0370 |
| February | 154.3283 | 153.3826 | 153.8100 |
| March | 159.3266 | 152.3293 | 155.2486 |
| April | 159.2546 | 158.2030 | 158.6761 |
| May | 161.7392 | 158.7774 | 159.8789 |
| June | 163.8947 | 160.4822 | 162.2066 |
| July | 163.9150 | 161.9448 | 162.9514 |
| August | 164.6260 | 161.8033 | 163.2989 |
| September | 163.7024 | 162.4724 | 162.9590 |
| October | 163.3266 | 162.6629 | 162.8769 |
| November | 163.8003 | 159.0739 | 162.6376 |
| December | 159.2252 | 158.5001 | 158.8622 |