2024 TWD to MWK Historical Review

YEARLY HIGH

55.0167 MWK

YEARLY LOW

52.3431 MWK

YEARLY AVERAGE

53.6739 MWK

2024 TWD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TWD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 55.0167. Conversely, the yearly low was recorded on March 21, dropping to 52.3431.

This high-to-low spread represents a total annual volatility of 2.6736 MWK. From a start-to-finish perspective, comparing the January average rate of 53.9492 to the December average rate of 53.2205, the exchange rate registered a net change of -1.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 55.0167 was up 0.09% compared to the 2023 peak of 54.9669, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 275,084 MWK

2023 Average 182,369 MWK

Yearly Trough Low 261,716 MWK

Transaction Impact: A difference of 13,368.00 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

54.4181

53.0052

JanuMarcMayJulySeptNove

TWD 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 53.6635, compared to 53.6843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0208 points.

H1 Avg (Jan–Jun) 53.6635

H2 Avg (Jul–Dec) 53.6843

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.2264 MWK (High: 54.5695 / Low: 52.3431). On the other end, October was the most stable month, with a tight range of 0.5955 MWK (High: 54.4011 / Low: 53.8056).

March Spread (Volatile) ±2.2264

October Spread (Stable) ±0.5955

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 November and December, when the average rate fell by 0.4324 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4324

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 53.9492) against the same month in 2023 (average: 33.6673), the exchange rate shifted by +20.2819 (+60.24%).

2024 Avg (January) 53.9492

2023 Avg (January) 33.6673

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	55.0167	53.3399	53.9492
February	54.1169	53.0541	53.5691
March	54.5695	52.3431	53.6243
April	54.2916	53.1119	53.6350
May	54.1128	53.3721	53.6879
June	53.8599	53.1886	53.5155
July	53.5531	52.7666	53.1229
August	54.5523	52.7938	53.7343
September	54.9541	53.9202	54.3003
October	54.4011	53.8056	54.0746
November	54.4914	53.2170	53.6529
December	53.7585	52.8203	53.2205