2024 RWF to ARS Historical Review

YEARLY HIGH

0.7558 ARS

YEARLY LOW

0.6373 ARS

YEARLY AVERAGE

0.6937 ARS

2024 RWF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7558. Conversely, the yearly low was recorded on January 21, dropping to 0.6373.

This high-to-low spread represents a total annual volatility of 0.1185 ARS. From a start-to-finish perspective, comparing the January average rate of 0.6435 to the December average rate of 0.7373, the exchange rate registered a net change of 14.57% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.7558 was up 17.60% compared to the 2023 peak of 0.6427, 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 3,779 ARS

2023 Average 1,259 ARS

Yearly Trough Low 3,186 ARS

Transaction Impact: A difference of 592.57 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.7466

0.6341

JanuMarcMayJulySeptNove

RWF to ARS 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 0.6676, compared to 0.7198 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 0.6676

H2 Avg (Jul–Dec) 0.7198

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0273 ARS (High: 0.7558 / Low: 0.7285). On the other end, November was the most stable month, with a tight range of 0.0122 ARS (High: 0.7360 / Low: 0.7238).

December Spread (Volatile) ±0.0273

November Spread (Stable) ±0.0122

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: 0.7373) against the same month in 2023 (average: 0.5034), the exchange rate shifted by +0.2339 (+46.47%).

2024 Avg (December) 0.7373

2023 Avg (December) 0.5034

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6517	0.6373	0.6435
February	0.6609	0.6459	0.6539
March	0.6684	0.6558	0.6626
April	0.6783	0.6654	0.6729
May	0.6884	0.6756	0.6822
June	0.6975	0.6825	0.6906
July	0.7083	0.6933	0.7021
August	0.7198	0.7010	0.7105
September	0.7245	0.7047	0.7151
October	0.7290	0.7136	0.7237
November	0.7360	0.7238	0.7298
December	0.7558	0.7285	0.7373