2024 RWF to STD Historical Review

YEARLY HIGH

17.6849 STD

YEARLY LOW

15.9821 STD

YEARLY AVERAGE

16.9232 STD

2024 RWF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 17.6849. Conversely, the yearly low was recorded on December 24, dropping to 15.9821.

This high-to-low spread represents a total annual volatility of 1.7027 STD. From a start-to-finish perspective, comparing the January average rate of 17.5362 to the December average rate of 16.1077, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 17.6849 was down 17.19% compared to the 2023 peak of 21.3565, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 88,424 STD

2023 Average 97,815 STD

Yearly Trough Low 79,911 STD

Transaction Impact: A difference of 8,513.75 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

17.6791

15.9648

JanuMarcMayJulySeptNove

RWF to STD 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 17.3064, compared to 16.5399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7664 points.

H1 Avg (Jan–Jun) 17.3064

H2 Avg (Jul–Dec) 16.5399

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4914 STD (High: 16.4736 / Low: 15.9821). On the other end, April was the most stable month, with a tight range of 0.1763 STD (High: 17.3525 / Low: 17.1762).

December Spread (Volatile) ±0.4914

April Spread (Stable) ±0.1763

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2400 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.2400

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 17.5362) against the same month in 2023 (average: 21.2374), the exchange rate shifted by -3.7012 (-17.43%).

2024 Avg (January) 17.5362

2023 Avg (January) 21.2374

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.6849	17.3312	17.5362
February	17.5429	17.2684	17.4684
March	17.5034	17.2731	17.3583
April	17.3525	17.1762	17.2767
May	17.2974	16.9567	17.1672
June	17.1724	16.8546	17.0314
July	17.0792	16.8525	16.9675
August	17.0717	16.6473	16.8320
September	16.7334	16.3913	16.5920
October	16.7093	16.3194	16.4668
November	16.4082	16.1631	16.2737
December	16.4736	15.9821	16.1077

૨૦૨૫ RWF થી STD ઐતિહાસિક સમીક્ષા