2024 MWK to RWF Historical Review

YEARLY HIGH

0.8045 RWF

YEARLY LOW

0.7395 RWF

YEARLY AVERAGE

0.7648 RWF

2024 MWK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the MWK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.8045. Conversely, the yearly low was recorded on March 29, dropping to 0.7395.

This high-to-low spread represents a total annual volatility of 0.0650 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7551 to the December average rate of 0.7980, the exchange rate registered a net change of 5.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.8045 was down 30.39% compared to the 2023 peak of 1.1558, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,022 RWF

2023 Average 5,204 RWF

Yearly Trough Low 3,698 RWF

Transaction Impact: A difference of 324.84 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.8034

0.7380

JanuMarcMayJulySeptNove

MWK 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 0.7525, compared to 0.7771 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0246 points.

H1 Avg (Jan–Jun) 0.7525

H2 Avg (Jul–Dec) 0.7771

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0298 RWF (High: 0.7694 / Low: 0.7395). On the other end, April was the most stable month, with a tight range of 0.0060 RWF (High: 0.7470 / Low: 0.7409).

March Spread (Volatile) ±0.0298

April Spread (Stable) ±0.0060

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0123 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -0.0123

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.7980) against the same month in 2023 (average: 0.7444), the exchange rate shifted by +0.0535 (+7.19%).

2024 Avg (December) 0.7980

2023 Avg (December) 0.7444

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7639	0.7479	0.7551
February	0.7667	0.7549	0.7577
March	0.7694	0.7395	0.7557
April	0.7470	0.7409	0.7434
May	0.7585	0.7433	0.7486
June	0.7628	0.7491	0.7547
July	0.7620	0.7528	0.7576
August	0.7747	0.7583	0.7643
September	0.7828	0.7670	0.7740
October	0.7871	0.7695	0.7797
November	0.7952	0.7828	0.7891
December	0.8045	0.7800	0.7980