2024 UYU to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 46.4033. Conversely, the yearly low was recorded on December 20, dropping to 38.7389.
This high-to-low spread represents a total annual volatility of 7.6643 MWK. From a start-to-finish perspective, comparing the January average rate of 42.9570 to the December average rate of 39.4245, the exchange rate registered a net change of -8.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 46.4033 was up 7.29% compared to the 2023 peak of 43.2490, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU 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 44.1025, compared to 41.7638 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.3388 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 3.4041 MWK (High: 46.4033 / Low: 42.9992). On the other end, August was the most stable month, with a tight range of 0.4782 MWK (High: 43.0923 / Low: 42.6140).
Growth Streaks & Declines
TrendsBetween January and April, 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 1.5475 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 44.1829) against the same month in 2023 (average: 26.2642), the exchange rate shifted by +17.9187 (+68.22%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.4570 | 42.6636 | 42.9570 |
| February | 43.4643 | 42.8697 | 43.0274 |
| March | 46.4033 | 42.9992 | 44.1829 |
| April | 46.2333 | 44.4367 | 45.1570 |
| May | 45.5455 | 44.6797 | 45.0539 |
| June | 44.7209 | 43.6939 | 44.2370 |
| July | 43.4155 | 42.9069 | 43.1556 |
| August | 43.0923 | 42.6140 | 42.9457 |
| September | 43.1551 | 41.1861 | 42.3587 |
| October | 42.2753 | 41.3929 | 41.7262 |
| November | 41.7625 | 40.4112 | 40.9719 |
| December | 40.3405 | 38.7389 | 39.4245 |