2024 RWF to BIF Historical Review

YEARLY HIGH

2.2638 BIF

YEARLY LOW

2.0957 BIF

YEARLY AVERAGE

2.1902 BIF

2024 RWF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 2.2638. Conversely, the yearly low was recorded on December 6, dropping to 2.0957.

This high-to-low spread represents a total annual volatility of 0.1680 BIF. From a start-to-finish perspective, comparing the January average rate of 2.2457 to the December average rate of 2.1309, the exchange rate registered a net change of -5.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.2638 was down 9.92% compared to the 2023 peak of 2.5131, 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 11,319 BIF

2023 Average 10,958 BIF

Yearly Trough Low 10,479 BIF

Transaction Impact: A difference of 840.16 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2572

2.1194

JanuMarcMayJulySeptNove

RWF to BIF 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 2.2247, compared to 2.1557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0689 points.

H1 Avg (Jan–Jun) 2.2247

H2 Avg (Jul–Dec) 2.1557

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0898 BIF (High: 2.1855 / Low: 2.0957). On the other end, April was the most stable month, with a tight range of 0.0183 BIF (High: 2.2299 / Low: 2.2116).

December Spread (Volatile) ±0.0898

April Spread (Stable) ±0.0183

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 August and September, when the average rate fell by 0.0211 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0211

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 2.2457) against the same month in 2023 (average: 1.9251), the exchange rate shifted by +0.3206 (+16.65%).

2024 Avg (January) 2.2457

2023 Avg (January) 1.9251

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2638	2.2159	2.2457
February	2.2549	2.2164	2.2420
March	2.2533	2.2157	2.2287
April	2.2299	2.2116	2.2218
May	2.2201	2.1828	2.2111
June	2.2146	2.1785	2.1986
July	2.2053	2.1800	2.1922
August	2.1946	2.1473	2.1760
September	2.1706	2.1318	2.1550
October	2.1898	2.1232	2.1469
November	2.1642	2.1093	2.1335
December	2.1855	2.0957	2.1309