2024 EGP to RWF Historical Review

YEARLY HIGH

41.7018 RWF

YEARLY LOW

25.7648 RWF

YEARLY AVERAGE

29.8711 RWF

2024 EGP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the EGP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 26, valuing the pair at 41.7018. Conversely, the yearly low was recorded on March 8, dropping to 25.7648.

This high-to-low spread represents a total annual volatility of 15.9370 RWF. From a start-to-finish perspective, comparing the January average rate of 41.1357 to the December average rate of 27.3592, the exchange rate registered a net change of -33.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 41.7018 was down 3.99% compared to the 2023 peak of 43.4342, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 208,509 RWF

2023 Average 189,005 RWF

Yearly Trough Low 128,824 RWF

Transaction Impact: A difference of 79,684.76 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

42.6972

25.5492

JanuMarcMayJulySeptNove

EGP 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 32.2429, compared to 27.4994 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.7435 points.

H1 Avg (Jan–Jun) 32.2429

H2 Avg (Jul–Dec) 27.4994

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 15.8502 RWF (High: 41.6150 / Low: 25.7648). On the other end, November was the most stable month, with a tight range of 0.4256 RWF (High: 27.9983 / Low: 27.5728).

March Spread (Volatile) ±15.8502

November Spread (Stable) ±0.4256

Growth Streaks & Declines

Trends

Between August and October, 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 February and March, when the average rate fell by 12.0705 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -12.0705

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 41.2682) against the same month in 2023 (average: 35.6530), the exchange rate shifted by +5.6152 (+15.75%).

2024 Avg (February) 41.2682

2023 Avg (February) 35.6530

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	41.6009	40.6834	41.1357
February	41.7018	41.1047	41.2682
March	41.6150	25.7648	29.1977
April	27.2723	26.5011	26.9782
May	27.8843	26.8959	27.4538
June	27.7044	27.1481	27.4237
July	27.4619	27.0128	27.2598
August	27.4543	26.6950	27.0719
September	28.1124	27.3754	27.7204
October	28.1630	27.6500	27.8525
November	27.9983	27.5728	27.7324
December	27.8743	26.5874	27.3592