2024 GNF to RWF Historical Review

YEARLY HIGH

0.1615 RWF

YEARLY LOW

0.1464 RWF

YEARLY AVERAGE

0.1530 RWF

2024 GNF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GNF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.1615. Conversely, the yearly low was recorded on January 1, dropping to 0.1464.

This high-to-low spread represents a total annual volatility of 0.0150 RWF. From a start-to-finish perspective, comparing the January average rate of 0.1478 to the December average rate of 0.1603, the exchange rate registered a net change of 8.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1615 was up 9.69% compared to the 2023 peak of 0.1472, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 807 RWF

2023 Average 672 RWF

Yearly Trough Low 732 RWF

Transaction Impact: A difference of 75.19 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1615

0.1466

JanuMarcMayJulySeptNove

GNF 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 0.1498, compared to 0.1562 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.1498

H2 Avg (Jul–Dec) 0.1562

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0049 RWF (High: 0.1615 / Low: 0.1565). On the other end, April was the most stable month, with a tight range of 0.0013 RWF (High: 0.1509 / Low: 0.1496).

December Spread (Volatile) ±0.0049

April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.1603) against the same month in 2023 (average: 0.1458), the exchange rate shifted by +0.0145 (+9.95%).

2024 Avg (December) 0.1603

2023 Avg (December) 0.1458

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1496	0.1464	0.1478
February	0.1502	0.1477	0.1483
March	0.1501	0.1481	0.1494
April	0.1509	0.1496	0.1501
May	0.1530	0.1503	0.1510
June	0.1535	0.1509	0.1521
July	0.1534	0.1517	0.1525
August	0.1556	0.1522	0.1536
September	0.1571	0.1541	0.1554
October	0.1582	0.1537	0.1567
November	0.1600	0.1572	0.1587
December	0.1615	0.1565	0.1603