2024 CZK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 CZK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the CZK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 60.0838. Conversely, the yearly low was recorded on February 14, dropping to 53.8126.
This high-to-low spread represents a total annual volatility of 6.2711 RWF. From a start-to-finish perspective, comparing the January average rate of 56.0793 to the December average rate of 57.6493, the exchange rate registered a net change of 2.80% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 60.0838 was up 5.96% compared to the 2023 peak of 56.7067, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CZK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
CZK 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 55.6343, compared to 57.8675 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2333 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 3.7310 RWF (High: 59.7536 / Low: 56.0226). On the other end, April was the most stable month, with a tight range of 1.1665 RWF (High: 55.1622 / Low: 53.9956).
Growth Streaks & Declines
TrendsBetween April and June, 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 January and February, when the average rate fell by 1.5379 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 59.4423) against the same month in 2023 (average: 52.6892), the exchange rate shifted by +6.7531 (+12.82%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 56.8360 | 55.1960 | 56.0793 |
| February | 55.7875 | 53.8126 | 54.5414 |
| March | 55.8348 | 54.5151 | 55.1520 |
| April | 55.1622 | 53.9956 | 54.7044 |
| May | 57.8558 | 55.1433 | 56.5439 |
| June | 57.9080 | 55.8262 | 56.7847 |
| July | 57.0043 | 55.6794 | 56.3583 |
| August | 59.7536 | 56.0226 | 57.9741 |
| September | 60.0838 | 58.7212 | 59.4423 |
| October | 59.1498 | 57.6816 | 58.2807 |
| November | 58.9338 | 56.3179 | 57.5005 |
| December | 58.6403 | 55.7167 | 57.6493 |