2024 BWP to RWF Historical Review

YEARLY HIGH

103.3312 RWF

YEARLY LOW

90.9617 RWF

YEARLY AVERAGE

97.2082 RWF

2024 BWP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BWP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 103.3312. Conversely, the yearly low was recorded on May 1, dropping to 90.9617.

This high-to-low spread represents a total annual volatility of 12.3695 RWF. From a start-to-finish perspective, comparing the January average rate of 93.5662 to the December average rate of 100.8664, the exchange rate registered a net change of 7.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 103.3312 was up 10.00% compared to the 2023 peak of 93.9353, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 516,656 RWF

2023 Average 433,535 RWF

Yearly Trough Low 454,808 RWF

Transaction Impact: A difference of 61,847.56 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

102.5055

92.1936

JanuMarcMayJulySeptNove

BWP 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 94.3019, compared to 100.1146 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.8127 points.

H1 Avg (Jan–Jun) 94.3019

H2 Avg (Jul–Dec) 100.1146

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 5.8272 RWF (High: 96.7888 / Low: 90.9617). On the other end, July was the most stable month, with a tight range of 1.5366 RWF (High: 97.5540 / Low: 96.0175).

May Spread (Volatile) ±5.8272

July Spread (Stable) ±1.5366

Growth Streaks & Declines

Trends

Between April and October, 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 October and November, when the average rate fell by 0.5237 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.5237

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 101.4201) against the same month in 2023 (average: 88.1799), the exchange rate shifted by +13.2402 (+15.01%).

2024 Avg (September) 101.4201

2023 Avg (September) 88.1799

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	94.7168	92.8264	93.5662
February	94.2842	92.3732	93.0529
March	95.0933	92.6018	93.9621
April	95.0924	91.0607	93.7962
May	96.7888	90.9617	95.4223
June	97.5877	94.6017	96.0117
July	97.5540	96.0175	96.9326
August	100.6136	96.7014	98.7000
September	103.3312	99.6122	101.4201
October	102.9866	100.7383	101.6461
November	103.1166	99.6710	101.1225
December	103.0928	98.5971	100.8664