2024 MMK to RWF Historical Review

YEARLY HIGH

0.6645 RWF

YEARLY LOW

0.4033 RWF

YEARLY AVERAGE

0.6226 RWF

2024 MMK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MMK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.6645. Conversely, the yearly low was recorded on July 20, dropping to 0.4033.

This high-to-low spread represents a total annual volatility of 0.2613 RWF. From a start-to-finish perspective, comparing the January average rate of 0.6052 to the December average rate of 0.6594, the exchange rate registered a net change of 8.95% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.6645 was up 10.76% compared to the 2023 peak of 0.6000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,323 RWF

2023 Average 2,759 RWF

Yearly Trough Low 2,016 RWF

Transaction Impact: A difference of 1,306.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.6667

0.5785

JanuMarcMayJulySeptNove

MMK 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 0.6095, compared to 0.6357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0262 points.

H1 Avg (Jan–Jun) 0.6095

H2 Avg (Jul–Dec) 0.6357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.2269 RWF (High: 0.6302 / Low: 0.4033). On the other end, April was the most stable month, with a tight range of 0.0053 RWF (High: 0.6177 / Low: 0.6124).

July Spread (Volatile) ±0.2269

April Spread (Stable) ±0.0053

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0180 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0180

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.6594) against the same month in 2023 (average: 0.5965), the exchange rate shifted by +0.0629 (+10.54%).

2024 Avg (December) 0.6594

2023 Avg (December) 0.5965

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6124	0.5995	0.6052
February	0.6146	0.6051	0.6073
March	0.6140	0.6060	0.6116
April	0.6177	0.6124	0.6144
May	0.6262	0.6151	0.6183
June	0.6280	0.5259	0.6003
July	0.6302	0.4033	0.5859
August	0.6380	0.6221	0.6310
September	0.6479	0.6347	0.6401
October	0.6508	0.6356	0.6450
November	0.6571	0.6473	0.6526
December	0.6645	0.6447	0.6594