2024 BAM to RWF Historical Review

YEARLY HIGH

775.6486 RWF

YEARLY LOW

697.1600 RWF

YEARLY AVERAGE

729.0229 RWF

2024 BAM to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BAM to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 775.6486. Conversely, the yearly low was recorded on February 14, dropping to 697.1600.

This high-to-low spread represents a total annual volatility of 78.4885 RWF. From a start-to-finish perspective, comparing the January average rate of 709.0892 to the December average rate of 741.2741, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 775.6486 was up 8.61% compared to the 2023 peak of 714.1665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,878,243 RWF

2023 Average 3,204,318 RWF

Yearly Trough Low 3,485,800 RWF

Transaction Impact: A difference of 392,442.73 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

768.8499

698.3963

JanuMarcMayJulySeptNove

BAM to RWF 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 711.9547, compared to 746.0911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.1364 points.

H1 Avg (Jan–Jun) 711.9547

H2 Avg (Jul–Dec) 746.0911

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 37.9892 RWF (High: 763.4897 / Low: 725.5005). On the other end, June was the most stable month, with a tight range of 13.3906 RWF (High: 728.0024 / Low: 714.6118).

August Spread (Volatile) ±37.9892

June Spread (Stable) ±13.3906

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 9.4901 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -9.4901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 762.9788) against the same month in 2023 (average: 658.0072), the exchange rate shifted by +104.9715 (+15.95%).

2024 Avg (September) 762.9788

2023 Avg (September) 658.0072

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	718.1003	704.0030	709.0892
February	716.0881	697.1600	704.2674
March	721.3924	705.5820	713.3830
April	716.5787	699.8307	707.7800
May	728.9104	704.8390	717.2234
June	728.0024	714.6118	719.9853
July	735.9141	716.9600	728.5928
August	763.4897	725.5005	745.2032
September	775.6486	752.2230	762.9788
October	766.6793	744.8261	753.9939
November	760.5211	727.6268	744.5038
December	752.2183	725.9100	741.2741