2024 BGN to RWF Historical Review

YEARLY HIGH

772.4559 RWF

YEARLY LOW

698.4849 RWF

YEARLY AVERAGE

728.9208 RWF

2024 BGN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 772.4559. Conversely, the yearly low was recorded on February 14, dropping to 698.4849.

This high-to-low spread represents a total annual volatility of 73.9711 RWF. From a start-to-finish perspective, comparing the January average rate of 708.7035 to the December average rate of 740.8066, the exchange rate registered a net change of 4.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 772.4559 was up 8.01% compared to the 2023 peak of 715.1422, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,862,280 RWF

2023 Average 3,204,240 RWF

Yearly Trough Low 3,492,424 RWF

Transaction Impact: A difference of 369,855.38 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

768.6759

698.0419

JanuMarcMayJulySeptNove

BGN 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 711.7926, compared to 746.0489 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.2563 points.

H1 Avg (Jan–Jun) 711.7926

H2 Avg (Jul–Dec) 746.0489

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 39.3576 RWF (High: 764.5463 / Low: 725.1887). On the other end, June was the most stable month, with a tight range of 12.7158 RWF (High: 727.5838 / Low: 714.8680).

August Spread (Volatile) ±39.3576

June Spread (Stable) ±12.7158

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 9.8981 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -9.8981

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 762.7897) against the same month in 2023 (average: 656.8808), the exchange rate shifted by +105.9089 (+16.12%).

2024 Avg (September) 762.7897

2023 Avg (September) 656.8808

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	717.6392	701.7783	708.7035
February	716.3886	698.4849	703.9281
March	721.3924	706.2929	713.4554
April	715.7707	700.5741	707.1696
May	728.9100	704.8520	717.5534
June	727.5838	714.8680	719.9459
July	736.2124	716.1905	728.6658
August	764.5463	725.1887	746.1647
September	772.4559	752.8726	762.7897
October	766.5119	744.5913	753.8824
November	762.5059	727.6682	743.9842
December	752.2403	718.6811	740.8066