2024 KGS to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
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.
Comparing the value generated converting 5,000 KGS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsBetween 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |