2024 TTD to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 TTD to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the TTD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on May 3, valuing the pair at 256.9171. Conversely, the yearly low was recorded on March 21, dropping to 245.9347.
This high-to-low spread represents a total annual volatility of 10.9825 MWK. From a start-to-finish perspective, comparing the January average rate of 247.9993 to the December average rate of 255.4809, the exchange rate registered a net change of 3.02% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 256.9171 was up 3.41% compared to the 2023 peak of 248.4350, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TTD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
TTD 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 252.1746, compared to 255.5417 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3672 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 10.6512 MWK (High: 256.5859 / Low: 245.9347). On the other end, October was the most stable month, with a tight range of 0.6638 MWK (High: 255.8888 / Low: 255.2250).
Growth Streaks & Declines
TrendsBetween August and November, 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 July and August, when the average rate fell by 0.2147 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2024: 255.5575) against the same month in 2023 (average: 151.1095), the exchange rate shifted by +104.4480 (+69.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 248.7879 | 247.4758 | 247.9993 |
| February | 248.8079 | 247.5593 | 247.9716 |
| March | 256.5859 | 245.9347 | 250.3353 |
| April | 256.4033 | 255.0685 | 255.7663 |
| May | 256.9171 | 254.0119 | 255.5575 |
| June | 256.4765 | 254.4375 | 255.4175 |
| July | 256.1628 | 255.0831 | 255.6325 |
| August | 256.5015 | 253.3157 | 255.4178 |
| September | 256.4570 | 254.9147 | 255.5258 |
| October | 255.8888 | 255.2250 | 255.5778 |
| November | 256.7325 | 254.9449 | 255.6156 |
| December | 256.4037 | 255.0878 | 255.4809 |