YEARLY HIGH
2.9691 RWF
YEARLY LOW
2.5873 RWF
YEARLY AVERAGE
2.8097 RWF

2024 KZT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the KZT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 2.9691. Conversely, the yearly low was recorded on December 18, dropping to 2.5873.

This high-to-low spread represents a total annual volatility of 0.3818 RWF. From a start-to-finish perspective, comparing the January average rate of 2.8131 to the December average rate of 2.6554, the exchange rate registered a net change of -5.61% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.9691 was up 7.29% compared to the 2023 peak of 2.7675, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,845 RWF
2023 Average 12,689 RWF
Yearly Trough Low 12,936 RWF
Transaction Impact: A difference of 1,909.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.9630
2.6275
JanuMarcMayJulySeptNove

KZT 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 2.8658, compared to 2.7537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1121 points.

H1 Avg (Jan–Jun) 2.8658
H2 Avg (Jul–Dec) 2.7537

Volatility Range Comparison

Volatility

The most volatile month in 2024 was June, with a trading range of 0.1610 RWF (High: 2.9262 / Low: 2.7652). On the other end, April was the most stable month, with a tight range of 0.0603 RWF (High: 2.9282 / Low: 2.8679).

June Spread (Volatile) ±0.1610
April Spread (Stable) ±0.0603

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.1052 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.1052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 2.9350) against the same month in 2023 (average: 2.5150), the exchange rate shifted by +0.4200 (+16.70%).

2024 Avg (May) 2.9350
2023 Avg (May) 2.5150

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8775 2.7552 2.8131
February 2.8800 2.7902 2.8300
March 2.8867 2.8201 2.8574
April 2.9282 2.8679 2.8910
May 2.9691 2.9064 2.9350
June 2.9262 2.7652 2.8684
July 2.7919 2.7238 2.7632
August 2.8091 2.7387 2.7660
September 2.8288 2.7604 2.7958
October 2.8069 2.7181 2.7840
November 2.7959 2.6653 2.7577
December 2.7381 2.5873 2.6554