2024 KRW to RWF Historical Review

YEARLY HIGH

1.0286 RWF

YEARLY LOW

0.9272 RWF

YEARLY AVERAGE

0.9664 RWF

2024 KRW to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KRW to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 1.0286. Conversely, the yearly low was recorded on April 16, dropping to 0.9272.

This high-to-low spread represents a total annual volatility of 0.1014 RWF. From a start-to-finish perspective, comparing the January average rate of 0.9593 to the December average rate of 0.9604, the exchange rate registered a net change of 0.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 1.0286 was up 4.78% compared to the 2023 peak of 0.9817, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,143,030 RWF

2023 Average 4,434,217 RWF

Yearly Trough Low 4,636,207 RWF

Transaction Impact: A difference of 506,822.76 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1.0166

0.9347

JanuMarcMayJulySeptNove

KRW 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 0.9534, compared to 0.9793 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0260 points.

H1 Avg (Jan–Jun) 0.9534

H2 Avg (Jul–Dec) 0.9793

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0552 RWF (High: 0.9857 / Low: 0.9305). On the other end, February was the most stable month, with a tight range of 0.0160 RWF (High: 0.9685 / Low: 0.9525).

December Spread (Volatile) ±0.0552

February Spread (Stable) ±0.0160

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 0.0219 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 1.0097) against the same month in 2023 (average: 0.9022), the exchange rate shifted by +0.1076 (+11.92%).

2024 Avg (September) 1.0097

2023 Avg (September) 0.9022

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.9858	0.9436	0.9593
February	0.9685	0.9525	0.9573
March	0.9801	0.9510	0.9634
April	0.9579	0.9272	0.9415
May	0.9615	0.9376	0.9517
June	0.9603	0.9381	0.9470
July	0.9605	0.9421	0.9500
August	1.0073	0.9585	0.9807
September	1.0286	0.9927	1.0097
October	1.0182	0.9756	0.9937
November	0.9916	0.9675	0.9815
December	0.9857	0.9305	0.9604