2024 BBD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 BBD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the BBD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 697.0854. Conversely, the yearly low was recorded on January 7, dropping to 629.9680.
This high-to-low spread represents a total annual volatility of 67.1174 RWF. From a start-to-finish perspective, comparing the January average rate of 635.3281 to the December average rate of 691.6853, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 697.0854 was up 10.43% compared to the 2023 peak of 631.2500, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
BBD 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 643.8210, compared to 673.8128 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.9918 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 20.7957 RWF (High: 697.0854 / Low: 676.2897). On the other end, April was the most stable month, with a tight range of 6.5903 RWF (High: 648.6250 / Low: 642.0347).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 691.6853) against the same month in 2023 (average: 626.9886), the exchange rate shifted by +64.6966 (+10.32%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 642.8222 | 629.9680 | 635.3281 |
| February | 645.1624 | 635.0673 | 637.7821 |
| March | 644.9851 | 636.5000 | 641.8293 |
| April | 648.6250 | 642.0347 | 644.8545 |
| May | 657.0215 | 644.0809 | 648.9791 |
| June | 661.0000 | 648.7676 | 654.1530 |
| July | 661.0819 | 652.3063 | 656.6101 |
| August | 669.2319 | 652.5940 | 661.9119 |
| September | 679.6835 | 665.7901 | 671.4828 |
| October | 682.6766 | 666.7500 | 676.5827 |
| November | 689.2818 | 678.9825 | 684.6043 |
| December | 697.0854 | 676.2897 | 691.6853 |