YEARLY HIGH
0.0454 PHP
YEARLY LOW
0.0412 PHP
YEARLY AVERAGE
0.0435 PHP

2024 RWF to PHP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to PHP exchange rate experienced significant fluctuation. The market reached its absolute peak on June 4, valuing the pair at 0.0454. Conversely, the yearly low was recorded on September 14, dropping to 0.0412.

This high-to-low spread represents a total annual volatility of 0.0042 PHP. From a start-to-finish perspective, comparing the January average rate of 0.0440 to the December average rate of 0.0422, the exchange rate registered a net change of -4.10% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0454 was down 13.30% compared to the 2023 peak of 0.0523, 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 227 PHP
2023 Average 241 PHP
Yearly Trough Low 206 PHP
Transaction Impact: A difference of 20.81 PHP purely based on transaction execution date.

ट्रेंड विज़ुअलाइज़ेशन

2024 के दौरान महीने के औसत उतार-चढ़ाव।

0.0452
0.0414
JanuMarcMayJulySeptNove

RWF to PHP 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 0.0442, compared to 0.0428 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0014 points.

H1 Avg (Jan–Jun) 0.0442
H2 Avg (Jul–Dec) 0.0428

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0024 PHP (High: 0.0439 / Low: 0.0416). On the other end, November was the most stable month, with a tight range of 0.0008 PHP (High: 0.0434 / Low: 0.0425).

December Spread (Volatile) ±0.0024
November Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0015 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0015

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 0.0449) against the same month in 2023 (average: 0.0488), the exchange rate shifted by -0.0039 (-8.00%).

2024 Avg (June) 0.0449
2023 Avg (June) 0.0488

महीने का ब्रेकडाउन

हर कैलेंडर महीने के लिए स्टैटिस्टिकल समरी।

Month High Low Average
January 0.0444 0.0435 0.0440
February 0.0443 0.0434 0.0439
March 0.0441 0.0430 0.0436
April 0.0447 0.0437 0.0442
May 0.0451 0.0440 0.0445
June 0.0454 0.0444 0.0449
July 0.0451 0.0442 0.0445
August 0.0444 0.0421 0.0430
September 0.0424 0.0412 0.0417
October 0.0432 0.0416 0.0425
November 0.0434 0.0425 0.0429
December 0.0439 0.0416 0.0422