2024 RWF to AFN Historical Review

YEARLY HIGH

0.0588 AFN

YEARLY LOW

0.0482 AFN

YEARLY AVERAGE

0.0536 AFN

2024 RWF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 0.0588. Conversely, the yearly low was recorded on October 17, dropping to 0.0482.

This high-to-low spread represents a total annual volatility of 0.0106 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0563 to the December average rate of 0.0502, the exchange rate registered a net change of -10.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0588 was down 30.08% compared to the 2023 peak of 0.0841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 294 AFN

2023 Average 359 AFN

Yearly Trough Low 241 AFN

Transaction Impact: A difference of 52.94 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0582

0.0486

JanuMarcMayJulySeptNove

RWF to AFN 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 0.0558, compared to 0.0514 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.0558

H2 Avg (Jul–Dec) 0.0514

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0037 AFN (High: 0.0586 / Low: 0.0550). On the other end, April was the most stable month, with a tight range of 0.0009 AFN (High: 0.0561 / Low: 0.0553).

January Spread (Volatile) ±0.0037

April Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0022 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0574) against the same month in 2023 (average: 0.0825), the exchange rate shifted by -0.0252 (-30.49%).

2024 Avg (February) 0.0574

2023 Avg (February) 0.0825

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0586	0.0550	0.0563
February	0.0588	0.0564	0.0574
March	0.0571	0.0554	0.0562
April	0.0561	0.0553	0.0557
May	0.0560	0.0542	0.0552
June	0.0553	0.0530	0.0539
July	0.0544	0.0533	0.0539
August	0.0540	0.0527	0.0535
September	0.0531	0.0506	0.0518
October	0.0511	0.0482	0.0496
November	0.0502	0.0489	0.0494
December	0.0519	0.0487	0.0502