2024 MNT to RWF Historical Review

YEARLY HIGH

0.4103 RWF

YEARLY LOW

0.3652 RWF

YEARLY AVERAGE

0.3846 RWF

2024 MNT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MNT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.4103. Conversely, the yearly low was recorded on January 7, dropping to 0.3652.

This high-to-low spread represents a total annual volatility of 0.0451 RWF. From a start-to-finish perspective, comparing the January average rate of 0.3683 to the December average rate of 0.4071, the exchange rate registered a net change of 10.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4103 was up 12.12% compared to the 2023 peak of 0.3659, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,051 RWF

2023 Average 1,673 RWF

Yearly Trough Low 1,826 RWF

Transaction Impact: A difference of 225.46 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4110

0.3644

JanuMarcMayJulySeptNove

MNT 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 0.3732, compared to 0.3959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0227 points.

H1 Avg (Jan–Jun) 0.3732

H2 Avg (Jul–Dec) 0.3959

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0122 RWF (High: 0.4103 / Low: 0.3981). On the other end, April was the most stable month, with a tight range of 0.0038 RWF (High: 0.3760 / Low: 0.3722).

December Spread (Volatile) ±0.0122

April Spread (Stable) ±0.0038

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 2024: 0.4071) against the same month in 2023 (average: 0.3635), the exchange rate shifted by +0.0436 (+12.01%).

2024 Avg (December) 0.4071

2023 Avg (December) 0.3635

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3727	0.3652	0.3683
February	0.3740	0.3682	0.3697
March	0.3739	0.3690	0.3721
April	0.3760	0.3722	0.3738
May	0.3809	0.3734	0.3762
June	0.3832	0.3761	0.3792
July	0.3891	0.3781	0.3825
August	0.3939	0.3841	0.3896
September	0.4000	0.3919	0.3952
October	0.4018	0.3924	0.3982
November	0.4057	0.3996	0.4029
December	0.4103	0.3981	0.4071