2024 IDR to RWF Historical Review

YEARLY HIGH

0.0893 RWF

YEARLY LOW

0.0790 RWF

YEARLY AVERAGE

0.0831 RWF

2024 IDR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IDR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 0.0893. Conversely, the yearly low was recorded on April 16, dropping to 0.0790.

This high-to-low spread represents a total annual volatility of 0.0103 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0813 to the December average rate of 0.0861, the exchange rate registered a net change of 5.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0893 was up 8.98% compared to the 2023 peak of 0.0820, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 893,217 RWF

2023 Average 759,850 RWF

Yearly Trough Low 789,929 RWF

Transaction Impact: A difference of 103,287.53 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0884

0.0792

JanuMarcMayJulySeptNove

IDR 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 0.0809, compared to 0.0853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0809

H2 Avg (Jul–Dec) 0.0853

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0058 RWF (High: 0.0865 / Low: 0.0807). On the other end, June was the most stable month, with a tight range of 0.0017 RWF (High: 0.0811 / Low: 0.0794).

August Spread (Volatile) ±0.0058

June Spread (Stable) ±0.0017

Growth Streaks & Declines

Trends

Between June and September, 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 March and April, when the average rate fell by 0.0016 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0016

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 0.0876) against the same month in 2023 (average: 0.0783), the exchange rate shifted by +0.0093 (+11.93%).

2024 Avg (September) 0.0876

2023 Avg (September) 0.0783

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0824	0.0804	0.0813
February	0.0825	0.0807	0.0814
March	0.0829	0.0809	0.0817
April	0.0811	0.0790	0.0801
May	0.0819	0.0798	0.0808
June	0.0811	0.0794	0.0800
July	0.0818	0.0796	0.0808
August	0.0865	0.0807	0.0840
September	0.0893	0.0857	0.0876
October	0.0879	0.0854	0.0867
November	0.0879	0.0856	0.0864
December	0.0879	0.0832	0.0861