2024 DKK to RWF Historical Review

YEARLY HIGH

202.6152 RWF

YEARLY LOW

183.2680 RWF

YEARLY AVERAGE

191.1057 RWF

2024 DKK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DKK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 202.6152. Conversely, the yearly low was recorded on February 5, dropping to 183.2680.

This high-to-low spread represents a total annual volatility of 19.3472 RWF. From a start-to-finish perspective, comparing the January average rate of 185.8629 to the December average rate of 194.2211, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 202.6152 was up 7.94% compared to the 2023 peak of 187.7152, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,013,076 RWF

2023 Average 840,850 RWF

Yearly Trough Low 916,340 RWF

Transaction Impact: A difference of 96,735.94 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

201.5080

183.1484

JanuMarcMayJulySeptNove

DKK 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 186.6294, compared to 195.5821 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.9527 points.

H1 Avg (Jan–Jun) 186.6294

H2 Avg (Jul–Dec) 195.5821

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 10.2738 RWF (High: 200.2990 / Low: 190.0251). On the other end, June was the most stable month, with a tight range of 3.1004 RWF (High: 190.6059 / Low: 187.5055).

August Spread (Volatile) ±10.2738

June Spread (Stable) ±3.1004

Growth Streaks & Declines

Trends

Between April and September, 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 October and November, when the average rate fell by 2.6024 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -2.6024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 199.9780) against the same month in 2023 (average: 172.2709), the exchange rate shifted by +27.7071 (+16.08%).

2024 Avg (September) 199.9780

2023 Avg (September) 172.2709

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	187.9850	183.7705	185.8629
February	187.8202	183.2680	184.6784
March	189.1615	185.3020	187.0676
April	187.7047	183.3288	185.3445
May	190.9558	185.6665	188.1032
June	190.6059	187.5055	188.7196
July	192.9531	187.8000	191.0081
August	200.2990	190.0251	195.5640
September	202.6152	197.1500	199.9780
October	200.9373	195.3127	197.6619
November	200.1202	191.3862	195.0594
December	197.2957	187.6350	194.2211