2024 ILS to RWF Historical Review

YEARLY HIGH

391.1348 RWF

YEARLY LOW

334.3685 RWF

YEARLY AVERAGE

356.0952 RWF

2024 ILS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the ILS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 391.1348. Conversely, the yearly low was recorded on January 17, dropping to 334.3685.

This high-to-low spread represents a total annual volatility of 56.7664 RWF. From a start-to-finish perspective, comparing the January average rate of 342.6688 to the December average rate of 381.8195, the exchange rate registered a net change of 11.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 391.1348 was up 11.66% compared to the 2023 peak of 350.2959, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,955,674 RWF

2023 Average 1,571,532 RWF

Yearly Trough Low 1,671,842 RWF

Transaction Impact: A difference of 283,831.85 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

385.7346

338.7538

JanuMarcMayJulySeptNove

ILS 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 348.3986, compared to 363.7919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 15.3933 points.

H1 Avg (Jan–Jun) 348.3986

H2 Avg (Jul–Dec) 363.7919

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 23.4687 RWF (High: 366.9415 / Low: 343.4729). On the other end, June was the most stable month, with a tight range of 10.2839 RWF (High: 355.8284 / Low: 345.5445).

August Spread (Volatile) ±23.4687

June Spread (Stable) ±10.2839

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 10.2423 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.2423

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 381.8195) against the same month in 2023 (average: 342.2948), the exchange rate shifted by +39.5247 (+11.55%).

2024 Avg (December) 381.8195

2023 Avg (December) 342.2948

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	350.4422	334.3685	342.6688
February	358.6502	344.3790	350.0636
March	360.6463	347.9556	353.3860
April	349.9198	338.2450	343.1437
May	359.1022	343.9856	350.6513
June	355.8284	345.5445	350.4780
July	364.1357	346.7271	357.6064
August	366.9415	343.4729	355.8136
September	366.7543	353.7315	360.0285
October	367.7361	355.0083	359.3804
November	378.7485	362.7452	368.1028
December	391.1348	375.0687	381.8195