YEARLY HIGH
15.7098 RWF
YEARLY LOW
12.1076 RWF
YEARLY AVERAGE
14.2224 RWF

2024 RUB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RUB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 15.7098. Conversely, the yearly low was recorded on December 31, dropping to 12.1076.

This high-to-low spread represents a total annual volatility of 3.6021 RWF. From a start-to-finish perspective, comparing the January average rate of 14.2255 to the December average rate of 13.3407, the exchange rate registered a net change of -6.22% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 15.7098 was down 3.15% compared to the 2023 peak of 16.2208, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 78,549 RWF
2023 Average 68,209 RWF
Yearly Trough Low 60,538 RWF
Transaction Impact: A difference of 18,010.57 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

15.2085
13.1709
JanuMarcMayJulySeptNove

RUB 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 14.1756, compared to 14.2693 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0938 points.

H1 Avg (Jan–Jun) 14.1756
H2 Avg (Jul–Dec) 14.2693

Volatility Range Comparison

Volatility

The most volatile month in 2024 was November, with a trading range of 2.0261 RWF (High: 14.2101 / Low: 12.1840). On the other end, March was the most stable month, with a tight range of 0.3190 RWF (High: 14.1729 / Low: 13.8539).

November Spread (Volatile) ±2.0261
March Spread (Stable) ±0.3190

Growth Streaks & Declines

Trends

Between April and July, 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 0.6572 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.6572

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2024: 14.8466) against the same month in 2023 (average: 13.7263), the exchange rate shifted by +1.1203 (+8.16%).

2024 Avg (June) 14.8466
2023 Avg (June) 13.7263

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6049 13.7067 14.2255
February 14.1414 13.4439 13.8909
March 14.1729 13.8539 13.9752
April 14.0391 13.6647 13.8692
May 14.6738 13.8162 14.2459
June 15.7098 14.3507 14.8466
July 15.4386 14.7011 15.0387
August 15.4925 14.3725 14.8841
September 15.3756 14.1444 14.7138
October 14.3499 13.8296 14.0566
November 14.2101 12.1840 13.5821
December 13.9867 12.1076 13.3407