YEARLY HIGH
11.8409 RWF
YEARLY LOW
11.0416 RWF
YEARLY AVERAGE
11.4216 RWF

2024 BDT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BDT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 9, valuing the pair at 11.8409. Conversely, the yearly low was recorded on May 20, dropping to 11.0416.

This high-to-low spread represents a total annual volatility of 0.7992 RWF. From a start-to-finish perspective, comparing the January average rate of 11.5797 to the December average rate of 11.5796, the exchange rate registered a net change of -0.00% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 11.8409 was up 3.13% compared to the 2023 peak of 11.4815, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,204 RWF
2023 Average 53,586 RWF
Yearly Trough Low 55,208 RWF
Transaction Impact: A difference of 3,996.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

11.8171
11.0742
JanuMarcMayJulySeptNove

BDT 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 11.5153, compared to 11.3279 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1874 points.

H1 Avg (Jan–Jun) 11.5153
H2 Avg (Jul–Dec) 11.3279

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.7992 RWF (High: 11.8409 / Low: 11.0416). On the other end, April was the most stable month, with a tight range of 0.1023 RWF (High: 11.8195 / Low: 11.7172).

May Spread (Volatile) ±0.7992
April Spread (Stable) ±0.1023

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.4576 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.4576

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 11.2976) against the same month in 2023 (average: 10.4738), the exchange rate shifted by +0.8238 (+7.87%).

2024 Avg (May) 11.2976
2023 Avg (May) 10.4738

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 11.7176 11.4717 11.5797
February 11.7592 11.5789 11.6204
March 11.7565 11.5951 11.7030
April 11.8195 11.7172 11.7552
May 11.8409 11.0416 11.2976
June 11.2358 11.0585 11.1361
July 11.2492 11.1024 11.1788
August 11.4332 11.0768 11.2006
September 11.3588 11.1268 11.2364
October 11.4228 11.1676 11.3161
November 11.5394 11.3637 11.4559
December 11.6740 11.3180 11.5796