2024 RWF to MUR Historical Review

YEARLY HIGH

0.0370 MUR

YEARLY LOW

0.0329 MUR

YEARLY AVERAGE

0.0351 MUR

2024 RWF to MUR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to MUR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 15, valuing the pair at 0.0370. Conversely, the yearly low was recorded on March 12, dropping to 0.0329.

This high-to-low spread represents a total annual volatility of 0.0041 MUR. From a start-to-finish perspective, comparing the January average rate of 0.0352 to the December average rate of 0.0339, the exchange rate registered a net change of -3.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0370 was down 14.63% compared to the 2023 peak of 0.0433, 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 185 MUR

2023 Average 195 MUR

Yearly Trough Low 165 MUR

Transaction Impact: A difference of 20.32 MUR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0362

0.0336

JanuMarcMayJulySeptNove

RWF to MUR 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 0.0357, compared to 0.0345 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0357

H2 Avg (Jul–Dec) 0.0345

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0033 MUR (High: 0.0362 / Low: 0.0329). On the other end, October was the most stable month, with a tight range of 0.0007 MUR (High: 0.0346 / Low: 0.0339).

March Spread (Volatile) ±0.0033

October Spread (Stable) ±0.0007

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 August and September, when the average rate fell by 0.0007 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0360) against the same month in 2023 (average: 0.0407), the exchange rate shifted by -0.0047 (-11.47%).

2024 Avg (April) 0.0360

2023 Avg (April) 0.0407

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0360	0.0345	0.0352
February	0.0369	0.0353	0.0359
March	0.0362	0.0329	0.0358
April	0.0370	0.0357	0.0360
May	0.0359	0.0350	0.0355
June	0.0362	0.0349	0.0356
July	0.0361	0.0352	0.0356
August	0.0358	0.0344	0.0350
September	0.0349	0.0337	0.0343
October	0.0346	0.0339	0.0342
November	0.0347	0.0336	0.0340
December	0.0344	0.0334	0.0339