2024 BIF to RWF Historical Review

YEARLY HIGH

0.4772 RWF

YEARLY LOW

0.4417 RWF

YEARLY AVERAGE

0.4567 RWF

2024 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.4772. Conversely, the yearly low was recorded on January 6, dropping to 0.4417.

This high-to-low spread represents a total annual volatility of 0.0354 RWF. From a start-to-finish perspective, comparing the January average rate of 0.4453 to the December average rate of 0.4693, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4772 was down 12.69% compared to the 2023 peak of 0.5465, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,386 RWF

2023 Average 2,310 RWF

Yearly Trough Low 2,209 RWF

Transaction Impact: A difference of 177.09 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4717

0.4429

JanuMarcMayJulySeptNove

BIF 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 0.4495, compared to 0.4639 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0144 points.

H1 Avg (Jan–Jun) 0.4495

H2 Avg (Jul–Dec) 0.4639

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0196 RWF (High: 0.4772 / Low: 0.4576). On the other end, April was the most stable month, with a tight range of 0.0037 RWF (High: 0.4522 / Low: 0.4485).

December Spread (Volatile) ±0.0196

April Spread (Stable) ±0.0037

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4693) against the same month in 2023 (average: 0.4399), the exchange rate shifted by +0.0294 (+6.69%).

2024 Avg (December) 0.4693

2023 Avg (December) 0.4399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4513	0.4417	0.4453
February	0.4512	0.4435	0.4460
March	0.4513	0.4438	0.4487
April	0.4522	0.4485	0.4501
May	0.4581	0.4504	0.4523
June	0.4590	0.4515	0.4548
July	0.4587	0.4535	0.4562
August	0.4657	0.4557	0.4596
September	0.4691	0.4607	0.4641
October	0.4710	0.4567	0.4658
November	0.4741	0.4621	0.4687
December	0.4772	0.4576	0.4693