2024 TRY to MWK Historical Review

YEARLY HIGH

57.1263 MWK

YEARLY LOW

49.0343 MWK

YEARLY AVERAGE

52.4656 MWK

2024 TRY to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TRY to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 57.1263. Conversely, the yearly low was recorded on December 31, dropping to 49.0343.

This high-to-low spread represents a total annual volatility of 8.0920 MWK. From a start-to-finish perspective, comparing the January average rate of 55.9198 to the December average rate of 49.5280, the exchange rate registered a net change of -11.43% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 57.1263 was down 2.74% compared to the 2023 peak of 58.7369, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 2,856,314 MWK

2023 Average 2,415,941 MWK

Yearly Trough Low 2,451,715 MWK

Transaction Impact: A difference of 404,598.60 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

56.5589

48.8888

JanuMarcMayJulySeptNove

TRY 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 54.0129, compared to 50.9184 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0945 points.

H1 Avg (Jan–Jun) 54.0129

H2 Avg (Jul–Dec) 50.9184

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.2240 MWK (High: 54.1418 / Low: 51.9178). On the other end, October was the most stable month, with a tight range of 0.2945 MWK (High: 50.8286 / Low: 50.5341).

March Spread (Volatile) ±2.2240

October Spread (Stable) ±0.2945

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 1.6543 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.6543

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 55.9198) against the same month in 2023 (average: 54.4790), the exchange rate shifted by +1.4408 (+2.64%).

2024 Avg (January) 55.9198

2023 Avg (January) 54.4790

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.1263	55.3613	55.9198
February	55.5413	53.8040	54.6462
March	54.1418	51.9178	52.9919
April	54.3450	53.0789	53.6089
May	53.9960	53.4394	53.7329
June	53.8371	52.6185	53.1776
July	53.2517	52.2546	52.6547
August	52.2313	50.6490	51.3988
September	51.1699	50.7122	50.9308
October	50.8286	50.5341	50.6581
November	50.7135	49.9031	50.3399
December	49.9695	49.0343	49.5280