YEARLY HIGH
0.0122 MVR
YEARLY LOW
0.0110 MVR
YEARLY AVERAGE
0.0117 MVR

2024 RWF to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0122. Conversely, the yearly low was recorded on December 24, dropping to 0.0110.

This high-to-low spread represents a total annual volatility of 0.0012 MVR. From a start-to-finish perspective, comparing the January average rate of 0.0121 to the December average rate of 0.0111, the exchange rate registered a net change of -8.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0122 was down 15.18% compared to the 2023 peak of 0.0144, 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 61 MVR
2023 Average 67 MVR
Yearly Trough Low 55 MVR
Transaction Impact: A difference of 5.88 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0122
0.0110
JanuMarcMayJulySeptNove

RWF to MVR 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 0.0120, compared to 0.0114 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) 0.0120
H2 Avg (Jul–Dec) 0.0114

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0008 MVR (High: 0.0120 / Low: 0.0112). On the other end, April was the most stable month, with a tight range of 0.0001 MVR (High: 0.0120 / Low: 0.0119).

May Spread (Volatile) ±0.0008
April 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 August and September, when the average rate fell by 0.0002 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0121) against the same month in 2023 (average: 0.0143), the exchange rate shifted by -0.0022 (-15.32%).

2024 Avg (January) 0.0121
2023 Avg (January) 0.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0122 0.0120 0.0121
February 0.0121 0.0119 0.0121
March 0.0121 0.0119 0.0120
April 0.0120 0.0119 0.0120
May 0.0120 0.0112 0.0119
June 0.0119 0.0117 0.0118
July 0.0118 0.0116 0.0117
August 0.0118 0.0115 0.0116
September 0.0115 0.0113 0.0114
October 0.0115 0.0112 0.0113
November 0.0113 0.0112 0.0113
December 0.0114 0.0110 0.0111