YEARLY HIGH
354.2515 RWF
YEARLY LOW
274.0194 RWF
YEARLY AVERAGE
331.0155 RWF

2024 PLN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the PLN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 354.2515. Conversely, the yearly low was recorded on January 1, dropping to 274.0194.

This high-to-low spread represents a total annual volatility of 80.2321 RWF. From a start-to-finish perspective, comparing the January average rate of 316.3288 to the December average rate of 339.3251, the exchange rate registered a net change of 7.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 354.2515 was up 9.38% compared to the 2023 peak of 323.8698, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 PLN based on timing:

Yearly Peak High 7,085,031 RWF
2023 Average 5,533,018 RWF
Yearly Trough Low 5,480,388 RWF
Transaction Impact: A difference of 1,604,642.84 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

352.0978
313.0770
JanuMarcMayJulySeptNove

PLN 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 322.2435, compared to 339.7875 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 17.5440 points.

H1 Avg (Jan–Jun) 322.2435
H2 Avg (Jul–Dec) 339.7875

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 47.7976 RWF (High: 321.8170 / Low: 274.0194). On the other end, March was the most stable month, with a tight range of 9.3690 RWF (High: 329.2260 / Low: 319.8570).

January Spread (Volatile) ±47.7976
March Spread (Stable) ±9.3690

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 September and October, when the average rate fell by 7.2695 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -7.2695

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 348.8461) against the same month in 2023 (average: 279.3076), the exchange rate shifted by +69.5385 (+24.90%).

2024 Avg (September) 348.8461
2023 Avg (September) 279.3076

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 321.8170 274.0194 316.3288
February 324.7718 314.8388 318.3720
March 329.2260 319.8570 323.9315
April 328.1156 313.8566 321.3237
May 335.2123 320.1261 327.6905
June 331.9726 319.8182 325.8143
July 336.4662 324.4515 332.9224
August 349.7050 329.5836 340.1960
September 354.2515 342.9241 348.8461
October 348.2696 335.1882 341.5766
November 342.6591 329.0183 335.8586
December 345.5827 328.0475 339.3251