2024 IQD to RWF Historical Review

YEARLY HIGH

1.0649 RWF

YEARLY LOW

0.9618 RWF

YEARLY AVERAGE

1.0060 RWF

2024 IQD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the IQD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1.0649. Conversely, the yearly low was recorded on January 1, dropping to 0.9618.

This high-to-low spread represents a total annual volatility of 0.1031 RWF. From a start-to-finish perspective, comparing the January average rate of 0.9702 to the December average rate of 1.0564, the exchange rate registered a net change of 8.89% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0649 was up 10.50% compared to the 2023 peak of 0.9637, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,325 RWF

2023 Average 4,283 RWF

Yearly Trough Low 4,809 RWF

Transaction Impact: A difference of 515.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0650

0.9615

JanuMarcMayJulySeptNove

IQD 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 0.9832, compared to 1.0289 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0457 points.

H1 Avg (Jan–Jun) 0.9832

H2 Avg (Jul–Dec) 1.0289

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0325 RWF (High: 1.0649 / Low: 1.0325). On the other end, April was the most stable month, with a tight range of 0.0086 RWF (High: 0.9903 / Low: 0.9817).

December Spread (Volatile) ±0.0325

April Spread (Stable) ±0.0086

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: 1.0564) against the same month in 2023 (average: 0.9567), the exchange rate shifted by +0.0996 (+10.41%).

2024 Avg (December) 1.0564

2023 Avg (December) 0.9567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9816	0.9618	0.9702
February	0.9851	0.9699	0.9735
March	0.9840	0.9718	0.9805
April	0.9903	0.9817	0.9848
May	1.0039	0.9861	0.9913
June	1.0092	0.9861	0.9987
July	1.0091	0.9963	1.0028
August	1.0247	1.0036	1.0122
September	1.0362	1.0153	1.0249
October	1.0419	1.0184	1.0324
November	1.0526	1.0343	1.0447
December	1.0649	1.0325	1.0564