YEARLY HIGH
622.5908 MWK
YEARLY LOW
596.1507 MWK
YEARLY AVERAGE
615.2413 MWK

2024 WST to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the WST to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 622.5908. Conversely, the yearly low was recorded on March 21, dropping to 596.1507.

This high-to-low spread represents a total annual volatility of 26.4401 MWK. From a start-to-finish perspective, comparing the January average rate of 600.9579 to the December average rate of 619.1413, the exchange rate registered a net change of 3.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 622.5908 was up 3.00% compared to the 2023 peak of 604.4511, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,112,954 MWK
2023 Average 2,076,966 MWK
Yearly Trough Low 2,980,753 MWK
Transaction Impact: A difference of 132,200.32 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

621.7459
599.0681
JanuMarcMayJulySeptNove

WST 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 611.1513, compared to 619.3314 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.1801 points.

H1 Avg (Jan–Jun) 611.1513
H2 Avg (Jul–Dec) 619.3314

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 26.3493 MWK (High: 622.5000 / Low: 596.1507). On the other end, July was the most stable month, with a tight range of 2.4197 MWK (High: 619.9107 / Low: 617.4911).

March Spread (Volatile) ±26.3493
July Spread (Stable) ±2.4197

Growth Streaks & Declines

Trends

Between 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 0.5285 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5285

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 619.1157) against the same month in 2023 (average: 375.9585), the exchange rate shifted by +243.1572 (+64.68%).

2024 Avg (June) 619.1157
2023 Avg (June) 375.9585

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 602.8967 598.7844 600.9579
February 606.7034 599.9452 601.2277
March 622.5000 596.1507 606.7639
April 621.7857 617.3811 619.5830
May 621.7857 615.9829 619.2594
June 622.5908 617.7688 619.1157
July 619.9107 617.4911 619.0824
August 620.1842 614.3939 618.5975
September 622.4127 618.2637 619.6414
October 621.8340 618.8867 619.8561
November 622.2104 618.1371 619.6697
December 620.2560 616.7952 619.1413