2024 MUR to RWF Historical Review

YEARLY HIGH

30.3882 RWF

YEARLY LOW

27.0484 RWF

YEARLY AVERAGE

28.5250 RWF

2024 MUR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MUR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 12, valuing the pair at 30.3882. Conversely, the yearly low was recorded on April 15, dropping to 27.0484.

This high-to-low spread represents a total annual volatility of 3.3398 RWF. From a start-to-finish perspective, comparing the January average rate of 28.4463 to the December average rate of 29.5337, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 30.3882 was up 5.68% compared to the 2023 peak of 28.7558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 151,941 RWF

2023 Average 128,520 RWF

Yearly Trough Low 135,242 RWF

Transaction Impact: A difference of 16,699.25 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

29.7107

27.5864

JanuMarcMayJulySeptNove

MUR 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 28.0384, compared to 29.0116 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9732 points.

H1 Avg (Jan–Jun) 28.0384

H2 Avg (Jul–Dec) 29.0116

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 2.7682 RWF (High: 30.3882 / Low: 27.6201). On the other end, October was the most stable month, with a tight range of 0.5944 RWF (High: 29.5202 / Low: 28.9258).

March Spread (Volatile) ±2.7682

October Spread (Stable) ±0.5944

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.6249 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.6249

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 27.9685) against the same month in 2023 (average: 23.5501), the exchange rate shifted by +4.4184 (+18.76%).

2024 Avg (March) 27.9685

2023 Avg (March) 23.5501

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.0091	27.7963	28.4463
February	28.3649	27.0849	27.8214
March	30.3882	27.6201	27.9685
April	27.9805	27.0484	27.7634
May	28.5351	27.8619	28.1494
June	28.6333	27.6524	28.0816
July	28.3946	27.7209	28.1000
August	29.0339	27.9185	28.5770
September	29.7136	28.6511	29.1988
October	29.5202	28.9258	29.2678
November	29.7781	28.8425	29.3925
December	29.9554	29.0378	29.5337