YEARLY HIGH
0.0140 MDL
YEARLY LOW
0.0128 MDL
YEARLY AVERAGE
0.0135 MDL

2024 RWF to MDL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to MDL exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.0140. Conversely, the yearly low was recorded on September 16, dropping to 0.0128.

This high-to-low spread represents a total annual volatility of 0.0013 MDL. From a start-to-finish perspective, comparing the January average rate of 0.0139 to the December average rate of 0.0132, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0140 was down 21.72% compared to the 2023 peak of 0.0179, 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 70 MDL
2023 Average 78 MDL
Yearly Trough Low 64 MDL
Transaction Impact: A difference of 6.28 MDL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0141
0.0128
JanuMarcMayJulySeptNove

RWF to MDL 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 0.0137, compared to 0.0132 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0137
H2 Avg (Jul–Dec) 0.0132

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 MDL (High: 0.0135 / Low: 0.0129). On the other end, May was the most stable month, with a tight range of 0.0002 MDL (High: 0.0137 / Low: 0.0135).

August Spread (Volatile) ±0.0006
May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0003 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0140) against the same month in 2023 (average: 0.0173), the exchange rate shifted by -0.0033 (-19.23%).

2024 Avg (February) 0.0140
2023 Avg (February) 0.0173

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0140 0.0137 0.0139
February 0.0140 0.0138 0.0140
March 0.0139 0.0136 0.0138
April 0.0139 0.0136 0.0137
May 0.0137 0.0135 0.0136
June 0.0137 0.0134 0.0135
July 0.0137 0.0133 0.0135
August 0.0135 0.0129 0.0132
September 0.0131 0.0128 0.0129
October 0.0133 0.0128 0.0131
November 0.0133 0.0130 0.0132
December 0.0135 0.0131 0.0132