YEARLY HIGH
645.0405 MWK
YEARLY LOW
617.6470 MWK
YEARLY AVERAGE
637.4260 MWK

2024 XCD to MWK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XCD to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 9, valuing the pair at 645.0405. Conversely, the yearly low was recorded on March 21, dropping to 617.6470.

This high-to-low spread represents a total annual volatility of 27.3935 MWK. From a start-to-finish perspective, comparing the January average rate of 622.6276 to the December average rate of 641.4666, 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 645.0405 was up 3.00% compared to the 2023 peak of 626.2467, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,225,202 MWK
2023 Average 2,103,331 MWK
Yearly Trough Low 3,088,235 MWK
Transaction Impact: A difference of 136,967.27 MWK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

644.1652
620.6696
JanuMarcMayJulySeptNove

XCD 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 633.1885, compared to 641.6636 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.4751 points.

H1 Avg (Jan–Jun) 633.1885
H2 Avg (Jul–Dec) 641.6636

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 27.2994 MWK (High: 644.9464 / Low: 617.6470). On the other end, July was the most stable month, with a tight range of 2.5069 MWK (High: 642.2638 / Low: 639.7569).

March Spread (Volatile) ±27.2994
July Spread (Stable) ±2.5069

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 0.5475 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.5475

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 641.4401) against the same month in 2023 (average: 379.1525), the exchange rate shifted by +262.2876 (+69.18%).

2024 Avg (June) 641.4401
2023 Avg (June) 379.1525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 624.6363 620.3757 622.6276
February 628.5802 621.5784 622.9071
March 644.9464 617.6470 628.6429
April 644.2064 639.6430 641.9243
May 644.2064 638.1943 641.5890
June 645.0405 640.0446 641.4401
July 642.2638 639.7569 641.4056
August 642.5471 636.5481 640.9032
September 644.8560 640.5574 641.9848
October 644.2564 641.2029 642.2072
November 644.6464 640.4262 642.0141
December 642.6216 639.0359 641.4666