2024 TND to MWK Historical Review

YEARLY HIGH

577.4017 MWK

YEARLY LOW

535.0857 MWK

YEARLY AVERAGE

553.7177 MWK

2024 TND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 577.4017. Conversely, the yearly low was recorded on February 14, dropping to 535.0857.

This high-to-low spread represents a total annual volatility of 42.3161 MWK. From a start-to-finish perspective, comparing the January average rate of 542.2632 to the December average rate of 547.2628, the exchange rate registered a net change of 0.92% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 577.4017 was up 4.60% compared to the 2023 peak of 552.0101, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,887,009 MWK

2023 Average 1,831,594 MWK

Yearly Trough Low 2,675,428 MWK

Transaction Impact: A difference of 211,580.36 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

574.0096

534.8964

JanuMarcMayJulySeptNove

TND 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 548.3164, compared to 559.1190 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.8026 points.

H1 Avg (Jan–Jun) 548.3164

H2 Avg (Jul–Dec) 559.1190

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 23.3795 MWK (High: 560.6388 / Low: 537.2593). On the other end, May was the most stable month, with a tight range of 7.0657 MWK (High: 558.6967 / Low: 551.6310).

March Spread (Volatile) ±23.3795

May Spread (Stable) ±7.0657

Growth Streaks & Declines

Trends

Between February and May, 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 October and November, when the average rate fell by 9.4859 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -9.4859

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 570.7501) against the same month in 2023 (average: 345.6348), the exchange rate shifted by +225.1153 (+65.13%).

2024 Avg (September) 570.7501

2023 Avg (September) 345.6348

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	550.9051	539.0451	542.2632
February	543.2586	535.0857	538.1559
March	560.6388	537.2593	546.5391
April	558.3708	546.5277	553.1004
May	558.6967	551.6310	555.0660
June	560.8139	550.4200	554.7740
July	561.4185	551.4279	556.7875
August	571.1230	556.2290	564.3182
September	577.4017	567.5387	570.7501
October	569.1989	557.6537	562.5407
November	560.8500	545.4514	553.0548
December	553.7625	543.3587	547.2628