YEARLY HIGH
0.0709 MWK
YEARLY LOW
0.0673 MWK
YEARLY AVERAGE
0.0688 MWK

2024 VND to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VND to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 0.0709. Conversely, the yearly low was recorded on March 21, dropping to 0.0673.

This high-to-low spread represents a total annual volatility of 0.0035 MWK. From a start-to-finish perspective, comparing the January average rate of 0.0687 to the December average rate of 0.0682, the exchange rate registered a net change of -0.79% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0709 was up 1.62% compared to the 2023 peak of 0.0697, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 VND based on timing:

Yearly Peak High 708,517 MWK
2023 Average 476,228 MWK
Yearly Trough Low 673,364 MWK
Transaction Impact: A difference of 35,152.91 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0706
0.0679
JanuMarcMayJulySeptNove

VND 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 0.0686, compared to 0.0690 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0686
H2 Avg (Jul–Dec) 0.0690

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0029 MWK (High: 0.0703 / Low: 0.0673). On the other end, December was the most stable month, with a tight range of 0.0006 MWK (High: 0.0684 / Low: 0.0678).

March Spread (Volatile) ±0.0029
December Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between June and September, 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 September and October, when the average rate fell by 0.0011 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0704) against the same month in 2023 (average: 0.0448), the exchange rate shifted by +0.0256 (+57.25%).

2024 Avg (September) 0.0704
2023 Avg (September) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0696 0.0684 0.0687
February 0.0698 0.0682 0.0687
March 0.0703 0.0673 0.0687
April 0.0700 0.0680 0.0689
May 0.0685 0.0678 0.0682
June 0.0686 0.0680 0.0681
July 0.0687 0.0680 0.0683
August 0.0699 0.0683 0.0692
September 0.0709 0.0697 0.0704
October 0.0704 0.0683 0.0693
November 0.0689 0.0681 0.0684
December 0.0684 0.0678 0.0682