YEARLY HIGH
3621.7684 RWF
YEARLY LOW
3273.7021 RWF
YEARLY AVERAGE
3423.1140 RWF

2024 OMR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the OMR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 3621.7684. Conversely, the yearly low was recorded on January 1, dropping to 3273.7021.

This high-to-low spread represents a total annual volatility of 348.0663 RWF. From a start-to-finish perspective, comparing the January average rate of 3301.0319 to the December average rate of 3593.7997, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 3621.7684 was up 10.44% compared to the 2023 peak of 3279.5104, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 18,108,842 RWF
2023 Average 15,048,161 RWF
Yearly Trough Low 16,368,511 RWF
Transaction Impact: A difference of 1,740,331.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

3623.0764
3271.7551
JanuMarcMayJulySeptNove

OMR 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 3345.2915, compared to 3500.9366 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 155.6451 points.

H1 Avg (Jan–Jun) 3345.2915
H2 Avg (Jul–Dec) 3500.9366

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 108.6116 RWF (High: 3621.7684 / Low: 3513.1568). On the other end, April was the most stable month, with a tight range of 37.2206 RWF (High: 3369.9182 / Low: 3332.6975).

December Spread (Volatile) ±108.6116
April Spread (Stable) ±37.2206

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: 3593.7997) against the same month in 2023 (average: 3257.1450), the exchange rate shifted by +336.6547 (+10.34%).

2024 Avg (December) 3593.7997
2023 Avg (December) 3257.1450

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 3340.7271 3273.7021 3301.0319
February 3352.4683 3299.3940 3313.7002
March 3351.1115 3307.0862 3334.9974
April 3369.9182 3332.6975 3350.4617
May 3416.0356 3346.4225 3372.6262
June 3434.2747 3371.0621 3398.9315
July 3434.5843 3389.2118 3411.4127
August 3478.9146 3392.8482 3439.3426
September 3531.6307 3462.0210 3489.1086
October 3546.4730 3463.5194 3514.8554
November 3580.6755 3526.6965 3557.1004
December 3621.7684 3513.1568 3593.7997