YEARLY HIGH
693.4751 RWF
YEARLY LOW
624.5792 RWF
YEARLY AVERAGE
653.8690 RWF

2024 BZD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 693.4751. Conversely, the yearly low was recorded on January 1, dropping to 624.5792.

This high-to-low spread represents a total annual volatility of 68.8959 RWF. From a start-to-finish perspective, comparing the January average rate of 630.4827 to the December average rate of 687.5096, the exchange rate registered a net change of 9.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 693.4751 was up 10.95% compared to the 2023 peak of 625.0194, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,467,376 RWF
2023 Average 2,874,978 RWF
Yearly Trough Low 3,122,896 RWF
Transaction Impact: A difference of 344,479.60 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

693.2123
624.7800
JanuMarcMayJulySeptNove

BZD 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 638.9521, compared to 668.7860 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 29.8339 points.

H1 Avg (Jan–Jun) 638.9521
H2 Avg (Jul–Dec) 668.7860

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 20.2959 RWF (High: 693.4751 / Low: 673.1793). On the other end, April was the most stable month, with a tight range of 5.5371 RWF (High: 643.5174 / Low: 637.9803).

December Spread (Volatile) ±20.2959
April Spread (Stable) ±5.5371

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: 687.5096) against the same month in 2023 (average: 621.4592), the exchange rate shifted by +66.0504 (+10.63%).

2024 Avg (December) 687.5096
2023 Avg (December) 621.4592

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 638.0106 624.5792 630.4827
February 640.2691 630.4401 632.7092
March 640.1249 631.3366 637.2080
April 643.5174 637.9803 640.0899
May 652.3899 640.8686 644.1878
June 654.9681 644.1696 649.0347
July 655.7181 647.2031 651.7163
August 666.4584 651.3080 657.3342
September 673.4510 659.6488 666.1465
October 677.1826 662.1257 670.8768
November 684.0933 673.7201 679.1324
December 693.4751 673.1793 687.5096