YEARLY HIGH
263.8651 RWF
YEARLY LOW
206.8324 RWF
YEARLY AVERAGE
245.0602 RWF

2024 BRL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BRL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 14, valuing the pair at 263.8651. Conversely, the yearly low was recorded on December 25, dropping to 206.8324.

This high-to-low spread represents a total annual volatility of 57.0327 RWF. From a start-to-finish perspective, comparing the January average rate of 258.8662 to the December average rate of 226.0500, the exchange rate registered a net change of -12.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 263.8651 was up 0.84% compared to the 2023 peak of 261.6768, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 BRL based on timing:

Yearly Peak High 6,596,628 RWF
2023 Average 5,808,958 RWF
Yearly Trough Low 5,170,810 RWF
Transaction Impact: A difference of 1,425,818.00 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

262.1478
222.7684
JanuMarcMayJulySeptNove

BRL 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 253.3585, compared to 236.7620 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 16.5965 points.

H1 Avg (Jan–Jun) 253.3585
H2 Avg (Jul–Dec) 236.7620

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 26.9227 RWF (High: 233.7551 / Low: 206.8324). On the other end, March was the most stable month, with a tight range of 3.8565 RWF (High: 259.4635 / Low: 255.6070).

December Spread (Volatile) ±26.9227
March Spread (Stable) ±3.8565

Growth Streaks & Declines

Trends

Between July and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 10.1771 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -10.1771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 258.8662) against the same month in 2023 (average: 207.2410), the exchange rate shifted by +51.6252 (+24.91%).

2024 Avg (January) 258.8662
2023 Avg (January) 207.2410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 263.8651 255.9876 258.8662
February 259.8797 254.9988 256.9304
March 259.4635 255.6070 257.5571
April 257.4015 244.0923 251.6229
May 255.7736 248.0032 252.6757
June 248.2648 233.3456 242.4986
July 242.3061 230.6396 237.0738
August 245.4477 227.8531 238.3777
September 248.5738 235.8776 242.4540
October 249.2930 234.9405 240.7458
November 240.1129 228.4021 235.8705
December 233.7551 206.8324 226.0500