2024 RWF to MAD Historical Review

YEARLY HIGH

0.0079 MAD

YEARLY LOW

0.0071 MAD

YEARLY AVERAGE

0.0075 MAD

2024 RWF to MAD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to MAD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 28, valuing the pair at 0.0079. Conversely, the yearly low was recorded on September 25, dropping to 0.0071.

This high-to-low spread represents a total annual volatility of 0.0008 MAD. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0072, the exchange rate registered a net change of -7.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0079 was down 19.21% compared to the 2023 peak of 0.0098, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 40 MAD

2023 Average 44 MAD

Yearly Trough Low 36 MAD

Transaction Impact: A difference of 4.08 MAD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0079

0.0072

JanuMarcMayJulySeptNove

RWF to MAD 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 0.0078, compared to 0.0073 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.0078

H2 Avg (Jul–Dec) 0.0073

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0004 MAD (High: 0.0076 / Low: 0.0072). On the other end, March was the most stable month, with a tight range of 0.0001 MAD (High: 0.0079 / Low: 0.0078).

August Spread (Volatile) ±0.0004

March Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0001 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0079) against the same month in 2023 (average: 0.0095), the exchange rate shifted by -0.0016 (-16.84%).

2024 Avg (February) 0.0079

2023 Avg (February) 0.0095

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0079	0.0077	0.0078
February	0.0079	0.0078	0.0079
March	0.0079	0.0078	0.0078
April	0.0079	0.0077	0.0078
May	0.0078	0.0076	0.0077
June	0.0077	0.0075	0.0076
July	0.0076	0.0074	0.0075
August	0.0076	0.0072	0.0074
September	0.0073	0.0071	0.0072
October	0.0074	0.0072	0.0073
November	0.0074	0.0072	0.0073
December	0.0074	0.0072	0.0072