2024 ALL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 ALL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the ALL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 15.2437. Conversely, the yearly low was recorded on February 5, dropping to 13.1332.
This high-to-low spread represents a total annual volatility of 2.1105 RWF. From a start-to-finish perspective, comparing the January average rate of 13.3464 to the December average rate of 14.7422, the exchange rate registered a net change of 10.46% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 15.2437 was up 13.21% compared to the 2023 peak of 13.4645, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ALL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
ALL to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 13.6182, compared to 14.7224 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.1042 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 0.7748 RWF (High: 14.9474 / Low: 14.1726). On the other end, June was the most stable month, with a tight range of 0.2452 RWF (High: 14.1872 / Low: 13.9420).
Growth Streaks & Declines
TrendsBetween February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1032 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 15.0113) against the same month in 2023 (average: 12.0210), the exchange rate shifted by +2.9903 (+24.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 13.5137 | 13.2088 | 13.3464 |
| February | 13.4888 | 13.1332 | 13.2579 |
| March | 13.6536 | 13.2951 | 13.4927 |
| April | 13.7815 | 13.4351 | 13.6299 |
| May | 14.1992 | 13.7809 | 13.9563 |
| June | 14.1872 | 13.9420 | 14.0258 |
| July | 14.3500 | 13.9832 | 14.2020 |
| August | 14.9474 | 14.1726 | 14.5902 |
| September | 15.2437 | 14.7637 | 15.0113 |
| October | 15.2001 | 14.7799 | 14.9458 |
| November | 15.1795 | 14.4976 | 14.8426 |
| December | 14.9741 | 14.4323 | 14.7422 |