YEARLY HIGH
4534.8260 RWF
YEARLY LOW
4101.0887 RWF
YEARLY AVERAGE
4294.0243 RWF

2024 KWD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KWD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 4534.8260. Conversely, the yearly low was recorded on January 3, dropping to 4101.0887.

This high-to-low spread represents a total annual volatility of 433.7374 RWF. From a start-to-finish perspective, comparing the January average rate of 4131.3135 to the December average rate of 4495.5275, the exchange rate registered a net change of 8.82% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 4534.8260 was up 10.39% compared to the 2023 peak of 4107.9621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 22,674,130 RWF
2023 Average 18,844,689 RWF
Yearly Trough Low 20,505,443 RWF
Transaction Impact: A difference of 2,168,686.93 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

4531.9489
4094.8921
JanuMarcMayJulySeptNove

KWD 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 4188.7764, compared to 4399.2722 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 210.4957 points.

H1 Avg (Jan–Jun) 4188.7764
H2 Avg (Jul–Dec) 4399.2722

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 142.3219 RWF (High: 4534.8260 / Low: 4392.5042). On the other end, April was the most stable month, with a tight range of 34.8184 RWF (High: 4207.1245 / Low: 4172.3060).

December Spread (Volatile) ±142.3219
April Spread (Stable) ±34.8184

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: 4495.5275) against the same month in 2023 (average: 4072.9721), the exchange rate shifted by +422.5554 (+10.37%).

2024 Avg (December) 4495.5275
2023 Avg (December) 4072.9721

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4178.1519 4101.0887 4131.3135
February 4193.1782 4124.8370 4144.0743
March 4197.8121 4142.3002 4175.4255
April 4207.1245 4172.3060 4188.8589
May 4283.6750 4190.9159 4225.4949
June 4314.1427 4234.7154 4267.4915
July 4324.2025 4256.3462 4293.8195
August 4382.5229 4291.4335 4332.5215
September 4452.7074 4358.6203 4399.9786
October 4453.8456 4364.7754 4416.3260
November 4485.0188 4425.2128 4457.4600
December 4534.8260 4392.5042 4495.5275