YEARLY HIGH
0.0055 BOB
YEARLY LOW
0.0050 BOB
YEARLY AVERAGE
0.0052 BOB

2024 RWF to BOB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to BOB exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.0055. Conversely, the yearly low was recorded on December 26, dropping to 0.0050.

This high-to-low spread represents a total annual volatility of 0.0005 BOB. From a start-to-finish perspective, comparing the January average rate of 0.0054 to the December average rate of 0.0050, the exchange rate registered a net change of -8.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0055 was down 15.12% compared to the 2023 peak of 0.0065, 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 27 BOB
2023 Average 30 BOB
Yearly Trough Low 25 BOB
Transaction Impact: A difference of 2.68 BOB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0055
0.0050
JanuMarcMayJulySeptNove

RWF to BOB 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 0.0054, compared to 0.0051 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0054
H2 Avg (Jul–Dec) 0.0051

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0002 BOB (High: 0.0051 / Low: 0.0050). On the other end, April was the most stable month, with a tight range of 0.0000 BOB (High: 0.0054 / Low: 0.0053).

December Spread (Volatile) ±0.0002
April Spread (Stable) ±0.0000

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 0.0001 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0054) against the same month in 2023 (average: 0.0064), the exchange rate shifted by -0.0010 (-15.43%).

2024 Avg (January) 0.0054
2023 Avg (January) 0.0064

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0055 0.0054 0.0054
February 0.0054 0.0054 0.0054
March 0.0054 0.0054 0.0054
April 0.0054 0.0053 0.0054
May 0.0054 0.0053 0.0053
June 0.0053 0.0052 0.0053
July 0.0053 0.0052 0.0053
August 0.0053 0.0051 0.0052
September 0.0052 0.0051 0.0051
October 0.0052 0.0051 0.0051
November 0.0051 0.0050 0.0051
December 0.0051 0.0050 0.0050