YEARLY HIGH
16.1075 RWF
YEARLY LOW
14.1430 RWF
YEARLY AVERAGE
15.1341 RWF

2024 KGS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KGS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 4, valuing the pair at 16.1075. Conversely, the yearly low was recorded on January 7, dropping to 14.1430.

This high-to-low spread represents a total annual volatility of 1.9645 RWF. From a start-to-finish perspective, comparing the January average rate of 14.2363 to the December average rate of 15.9176, the exchange rate registered a net change of 11.81% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.1075 was up 13.63% compared to the 2023 peak of 14.1755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 80,537 RWF
2023 Average 65,908 RWF
Yearly Trough Low 70,715 RWF
Transaction Impact: A difference of 9,822.32 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.0939
14.0674
JanuMarcMayJulySeptNove

KGS 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 14.5102, compared to 15.7580 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.2478 points.

H1 Avg (Jan–Jun) 14.5102
H2 Avg (Jul–Dec) 15.7580

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.6213 RWF (High: 15.7297 / Low: 15.1084). On the other end, March was the most stable month, with a tight range of 0.1792 RWF (High: 14.4138 / Low: 14.2346).

July Spread (Volatile) ±0.6213
March Spread (Stable) ±0.1792

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0639 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0639

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2024: 15.8611) against the same month in 2023 (average: 13.7144), the exchange rate shifted by +2.1467 (+15.65%).

2024 Avg (October) 15.8611
2023 Avg (October) 13.7144

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.3957 14.1430 14.2363
February 14.4283 14.2026 14.2658
March 14.4138 14.2346 14.3471
April 14.5811 14.3844 14.4812
May 14.9398 14.5256 14.7086
June 15.2716 14.7952 15.0224
July 15.7297 15.1084 15.4436
August 15.7042 15.3606 15.5435
September 16.1060 15.6813 15.9250
October 16.1075 15.7449 15.8611
November 15.9809 15.7537 15.8574
December 16.0605 15.5469 15.9176