2024 CDF to RWF Historical Review

YEARLY HIGH

0.4903 RWF

YEARLY LOW

0.4562 RWF

YEARLY AVERAGE

0.4680 RWF

2024 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.4903. Conversely, the yearly low was recorded on July 12, dropping to 0.4562.

This high-to-low spread represents a total annual volatility of 0.0342 RWF. From a start-to-finish perspective, comparing the January average rate of 0.4669 to the December average rate of 0.4847, the exchange rate registered a net change of 3.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4903 was down 10.61% compared to the 2023 peak of 0.5485, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,452 RWF

2023 Average 2,491 RWF

Yearly Trough Low 2,281 RWF

Transaction Impact: A difference of 170.96 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4870

0.4595

JanuMarcMayJulySeptNove

CDF 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 0.4634, compared to 0.4725 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0091 points.

H1 Avg (Jan–Jun) 0.4634

H2 Avg (Jul–Dec) 0.4725

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0174 RWF (High: 0.4786 / Low: 0.4612). On the other end, March was the most stable month, with a tight range of 0.0058 RWF (High: 0.4654 / Low: 0.4596).

January Spread (Volatile) ±0.0174

March Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0041 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0041

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.4847) against the same month in 2023 (average: 0.4607), the exchange rate shifted by +0.0240 (+5.22%).

2024 Avg (December) 0.4847

2023 Avg (December) 0.4607

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4786	0.4612	0.4669
February	0.4670	0.4609	0.4628
March	0.4654	0.4596	0.4627
April	0.4640	0.4562	0.4620
May	0.4713	0.4604	0.4643
June	0.4657	0.4570	0.4620
July	0.4673	0.4562	0.4618
August	0.4725	0.4583	0.4647
September	0.4780	0.4652	0.4715
October	0.4771	0.4672	0.4739
November	0.4825	0.4739	0.4786
December	0.4903	0.4754	0.4847