2024 XAF to MWK Historical Review

YEARLY HIGH

2.9639 MWK

YEARLY LOW

2.7360 MWK

YEARLY AVERAGE

2.8419 MWK

2024 XAF to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on August 23, valuing the pair at 2.9639. Conversely, the yearly low was recorded on December 18, dropping to 2.7360.

This high-to-low spread represents a total annual volatility of 0.2279 MWK. From a start-to-finish perspective, comparing the January average rate of 2.7988 to the December average rate of 2.7677, the exchange rate registered a net change of -1.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9639 was up 3.99% compared to the 2023 peak of 2.8503, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,820 MWK

2023 Average 9,384 MWK

Yearly Trough Low 13,680 MWK

Transaction Impact: A difference of 1,139.51 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9558

2.7505

JanuMarcMayJulySeptNove

XAF 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 2.8204, compared to 2.8634 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0430 points.

H1 Avg (Jan–Jun) 2.8204

H2 Avg (Jul–Dec) 2.8634

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 0.1362 MWK (High: 2.8918 / Low: 2.7556). On the other end, May was the most stable month, with a tight range of 0.0404 MWK (High: 2.8769 / Low: 2.8365).

November Spread (Volatile) ±0.1362

May Spread (Stable) ±0.0404

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 October and November, when the average rate fell by 0.0719 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0719

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 2.9110) against the same month in 2023 (average: 1.7885), the exchange rate shifted by +1.1225 (+62.76%).

2024 Avg (August) 2.9110

2023 Avg (August) 1.7885

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.8403	2.7688	2.7988
February	2.7917	2.7478	2.7703
March	2.8698	2.7641	2.8155
April	2.8743	2.8097	2.8356
May	2.8769	2.8365	2.8584
June	2.8811	2.8203	2.8441
July	2.8908	2.8366	2.8684
August	2.9639	2.8489	2.9110
September	2.9602	2.9109	2.9387
October	2.9230	2.8504	2.8834
November	2.8918	2.7556	2.8115
December	2.8022	2.7360	2.7677