2024 UAH to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UAH to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UAH to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 44.9883. Conversely, the yearly low was recorded on December 30, dropping to 41.2035.
This high-to-low spread represents a total annual volatility of 3.7848 MWK. From a start-to-finish perspective, comparing the January average rate of 44.4664 to the December average rate of 41.4984, the exchange rate registered a net change of -6.67% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 44.9883 was down 3.78% compared to the 2023 peak of 46.7567, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UAH based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UAH 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 43.8618, compared to 41.9731 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8887 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 1.5724 MWK (High: 44.4962 / Low: 42.9238). On the other end, October was the most stable month, with a tight range of 0.2285 MWK (High: 42.1316 / Low: 41.9031).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.8275 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2024: 44.4664) against the same month in 2023 (average: 27.8341), the exchange rate shifted by +16.6323 (+59.76%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 44.9883 | 44.0174 | 44.4664 |
| February | 44.9126 | 43.5698 | 44.3139 |
| March | 44.4962 | 42.9238 | 43.8831 |
| April | 44.6474 | 43.4881 | 44.0590 |
| May | 44.1999 | 42.7613 | 43.6379 |
| June | 43.2233 | 42.4390 | 42.8104 |
| July | 42.7866 | 41.6382 | 42.2736 |
| August | 42.3169 | 41.6708 | 42.0614 |
| September | 42.3377 | 41.7980 | 42.0428 |
| October | 42.1316 | 41.9031 | 42.0528 |
| November | 42.1157 | 41.6472 | 41.9093 |
| December | 41.8919 | 41.2035 | 41.4984 |