2023 MDL to RWF Historical Review

YEARLY HIGH

72.9784 RWF

YEARLY LOW

55.7193 RWF

YEARLY AVERAGE

64.0702 RWF

2023 MDL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the MDL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 72.9784. Conversely, the yearly low was recorded on January 8, dropping to 55.7193.

This high-to-low spread represents a total annual volatility of 17.2591 RWF. From a start-to-finish perspective, comparing the January average rate of 56.5969 to the December average rate of 71.2327, the exchange rate registered a net change of 25.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2023 high of 72.9784 was up 24.96% compared to the 2022 peak of 58.4001, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 364,892 RWF

2022 Average 274,676 RWF

Yearly Trough Low 278,597 RWF

Transaction Impact: A difference of 86,295.53 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

72.6962

55.1333

JanuMarcMayJulySeptNove

MDL to RWF 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 60.3136, compared to 67.8268 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 7.5132 points.

H1 Avg (Jan–Jun) 60.3136

H2 Avg (Jul–Dec) 67.8268

Volatility Range Comparison

Volatility

The most volatile month in 2023 was July, with a trading range of 4.6839 RWF (High: 67.8916 / Low: 63.2077). On the other end, September was the most stable month, with a tight range of 0.8854 RWF (High: 67.3021 / Low: 66.4167).

July Spread (Volatile) ±4.6839

September Spread (Stable) ±0.8854

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2023: 71.2327) against the same month in 2022 (average: 55.4026), the exchange rate shifted by +15.8301 (+28.57%).

2023 Avg (December) 71.2327

2022 Avg (December) 55.4026

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	57.8431	55.7193	56.5969
February	58.2498	57.1316	57.8793
March	60.5791	57.7799	58.7985
April	63.2863	60.4570	61.5188
May	64.1218	62.1458	63.1483
June	65.4906	63.5668	63.9398
July	67.8916	63.2077	65.3038
August	67.7677	66.3046	66.9101
September	67.3021	66.4167	66.9489
October	68.2507	66.5763	67.4009
November	70.3003	67.8308	69.1643
December	72.9784	69.6500	71.2327