2024 XDR to MWK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 XDR to MWK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the XDR to MWK exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 2355.6162. Conversely, the yearly low was recorded on February 3, dropping to 2219.5625.
This high-to-low spread represents a total annual volatility of 136.0537 MWK. From a start-to-finish perspective, comparing the January average rate of 2246.8905 to the December average rate of 2273.8392, the exchange rate registered a net change of 1.20% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 2355.6162 was up 4.26% compared to the 2023 peak of 2259.2968, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 XDR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
XDR 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 2268.6251, compared to 2306.3458 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.7207 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 86.9062 MWK (High: 2309.6932 / Low: 2222.7870). On the other end, May was the most stable month, with a tight range of 17.4816 MWK (High: 2295.7264 / Low: 2278.2448).
Growth Streaks & Declines
TrendsBetween 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 30.3517 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 2340.6245) against the same month in 2023 (average: 1433.7974), the exchange rate shifted by +906.8271 (+63.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2259.3034 | 2238.3742 | 2246.8905 |
| February | 2245.3322 | 2219.5625 | 2234.3640 |
| March | 2309.6932 | 2222.7870 | 2259.3369 |
| April | 2309.5025 | 2278.5245 | 2291.1940 |
| May | 2295.7264 | 2278.2448 | 2291.8965 |
| June | 2299.9853 | 2278.9284 | 2288.0686 |
| July | 2302.4741 | 2279.3334 | 2292.3000 |
| August | 2336.2395 | 2300.0732 | 2314.2890 |
| September | 2355.6162 | 2333.5537 | 2340.6245 |
| October | 2350.5700 | 2302.6617 | 2323.6868 |
| November | 2315.3596 | 2266.5813 | 2293.3351 |
| December | 2285.0105 | 2261.2114 | 2273.8392 |