2024 RSD to RWF Historical Review

YEARLY HIGH

12.9042 RWF

YEARLY LOW

11.6611 RWF

YEARLY AVERAGE

12.1759 RWF

2024 RSD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RSD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 12.9042. Conversely, the yearly low was recorded on February 14, dropping to 11.6611.

This high-to-low spread represents a total annual volatility of 1.2431 RWF. From a start-to-finish perspective, comparing the January average rate of 11.8254 to the December average rate of 12.3865, the exchange rate registered a net change of 4.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.9042 was up 8.04% compared to the 2023 peak of 11.9436, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 64,521 RWF

2023 Average 53,444 RWF

Yearly Trough Low 58,306 RWF

Transaction Impact: A difference of 6,215.46 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.8471

11.6486

JanuMarcMayJulySeptNove

RSD 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 11.8819, compared to 12.4698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5879 points.

H1 Avg (Jan–Jun) 11.8819

H2 Avg (Jul–Dec) 12.4698

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.6544 RWF (High: 12.7686 / Low: 12.1142). On the other end, June was the most stable month, with a tight range of 0.1966 RWF (High: 12.1446 / Low: 11.9480).

August Spread (Volatile) ±0.6544

June Spread (Stable) ±0.1966

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.1627 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.1627

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 12.7473) against the same month in 2023 (average: 10.9543), the exchange rate shifted by +1.7929 (+16.37%).

2024 Avg (September) 12.7473

2023 Avg (September) 10.9543

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9765	11.6912	11.8254
February	11.9471	11.6611	11.7485
March	12.0395	11.7905	11.9067
April	11.9530	11.6779	11.8065
May	12.1676	11.7727	11.9795
June	12.1446	11.9480	12.0248
July	12.2979	11.9664	12.1756
August	12.7686	12.1142	12.4719
September	12.9042	12.5722	12.7473
October	12.8046	12.4390	12.6001
November	12.7532	12.1617	12.4374
December	12.5815	11.9677	12.3865