2024 BRL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 25,000 BRL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |