YEARLY HIGH
23.0200 RWF
YEARLY LOW
21.5620 RWF
YEARLY AVERAGE
22.1651 RWF

2024 DOP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the DOP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 11, valuing the pair at 23.0200. Conversely, the yearly low was recorded on January 31, dropping to 21.5620.

This high-to-low spread represents a total annual volatility of 1.4580 RWF. From a start-to-finish perspective, comparing the January average rate of 21.6845 to the December average rate of 22.7927, the exchange rate registered a net change of 5.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 23.0200 was up 4.22% compared to the 2023 peak of 22.0869, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 115,100 RWF
2023 Average 103,419 RWF
Yearly Trough Low 107,810 RWF
Transaction Impact: A difference of 7,290.01 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

22.9035
21.5737
JanuMarcMayJulySeptNove

DOP 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 21.8798, compared to 22.4505 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5707 points.

H1 Avg (Jan–Jun) 21.8798
H2 Avg (Jul–Dec) 22.4505

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.7880 RWF (High: 23.0200 / Low: 22.2320). On the other end, July was the most stable month, with a tight range of 0.2636 RWF (High: 22.3381 / Low: 22.0745).

December Spread (Volatile) ±0.7880
July Spread (Stable) ±0.2636

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 0.1177 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.1177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 22.7927) against the same month in 2023 (average: 21.8731), the exchange rate shifted by +0.9195 (+4.20%).

2024 Avg (December) 22.7927
2023 Avg (December) 21.8731

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.8834 21.5620 21.6845
February 21.9490 21.5974 21.7309
March 21.9688 21.6593 21.7539
April 22.0999 21.6590 21.8292
May 22.3643 21.9578 22.1989
June 22.3351 21.8529 22.0812
July 22.3381 22.0745 22.2017
August 22.4378 21.9521 22.2105
September 22.6425 22.0563 22.3800
October 22.6683 22.0685 22.4287
November 22.8368 22.5300 22.6891
December 23.0200 22.2320 22.7927