2024 FJD to RWF Historical Review

YEARLY HIGH

618.2880 RWF

YEARLY LOW

559.9876 RWF

YEARLY AVERAGE

585.7607 RWF

2024 FJD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the FJD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 618.2880. Conversely, the yearly low was recorded on February 28, dropping to 559.9876.

This high-to-low spread represents a total annual volatility of 58.3004 RWF. From a start-to-finish perspective, comparing the January average rate of 568.9441 to the December average rate of 599.6085, the exchange rate registered a net change of 5.39% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 618.2880 was up 7.35% compared to the 2023 peak of 575.9318, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,091,440 RWF

2023 Average 2,596,955 RWF

Yearly Trough Low 2,799,938 RWF

Transaction Impact: A difference of 291,502.10 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

612.3842

563.0050

JanuMarcMayJulySeptNove

FJD 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 572.0928, compared to 599.4285 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.3357 points.

H1 Avg (Jan–Jun) 572.0928

H2 Avg (Jul–Dec) 599.4285

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 29.4276 RWF (High: 607.2461 / Low: 577.8185). On the other end, February was the most stable month, with a tight range of 10.4311 RWF (High: 570.4188 / Low: 559.9876).

August Spread (Volatile) ±29.4276

February Spread (Stable) ±10.4311

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 November and December, when the average rate fell by 4.5106 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -4.5106

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 608.2693) against the same month in 2023 (average: 529.8835), the exchange rate shifted by +78.3858 (+14.79%).

2024 Avg (September) 608.2693

2023 Avg (September) 529.8835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	578.0563	561.6224	568.9441
February	570.4188	559.9876	567.1199
March	578.6336	562.7562	570.1231
April	576.0656	562.9917	569.0635
May	585.8994	563.9638	575.3272
June	591.4460	574.0037	581.9792
July	591.0780	575.4417	585.2474
August	607.2461	577.8185	593.5068
September	618.2880	595.9630	608.2693
October	616.1482	596.3875	605.8199
November	613.2464	598.6287	604.1191
December	609.7059	581.7296	599.6085