2024 CRC to RWF Historical Review

YEARLY HIGH

2.7770 RWF

YEARLY LOW

2.4231 RWF

YEARLY AVERAGE

2.5564 RWF

2024 CRC to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the CRC to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 2.7770. Conversely, the yearly low was recorded on January 1, dropping to 2.4231.

This high-to-low spread represents a total annual volatility of 0.3539 RWF. From a start-to-finish perspective, comparing the January average rate of 2.4580 to the December average rate of 2.7349, the exchange rate registered a net change of 11.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.7770 was up 14.58% compared to the 2023 peak of 2.4235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 13,885 RWF

2023 Average 10,714 RWF

Yearly Trough Low 12,116 RWF

Transaction Impact: A difference of 1,769.33 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.7625

2.4303

JanuMarcMayJulySeptNove

CRC 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 2.5061, compared to 2.6067 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1007 points.

H1 Avg (Jan–Jun) 2.5061

H2 Avg (Jul–Dec) 2.6067

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0918 RWF (High: 2.5817 / Low: 2.4900). On the other end, February was the most stable month, with a tight range of 0.0562 RWF (High: 2.5108 / Low: 2.4546).

August Spread (Volatile) ±0.0918

February Spread (Stable) ±0.0562

Growth Streaks & Declines

Trends

Between June and December, 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 May and June, when the average rate fell by 0.0424 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.7349) against the same month in 2023 (average: 2.3879), the exchange rate shifted by +0.3470 (+14.53%).

2024 Avg (December) 2.7349

2023 Avg (December) 2.3879

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.4991	2.4231	2.4580
February	2.5108	2.4546	2.4733
March	2.5627	2.4865	2.5245
April	2.5843	2.5280	2.5588
May	2.5650	2.4934	2.5321
June	2.5253	2.4440	2.4898
July	2.5135	2.4471	2.4939
August	2.5817	2.4900	2.5233
September	2.6224	2.5322	2.5853
October	2.6566	2.5746	2.6211
November	2.7133	2.6488	2.6820
December	2.7770	2.6874	2.7349