YEARLY HIGH
0.0110 BWP
YEARLY LOW
0.0097 BWP
YEARLY AVERAGE
0.0103 BWP

2024 RWF to BWP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to BWP exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.0110. Conversely, the yearly low was recorded on September 26, dropping to 0.0097.

This high-to-low spread represents a total annual volatility of 0.0013 BWP. From a start-to-finish perspective, comparing the January average rate of 0.0107 to the December average rate of 0.0099, the exchange rate registered a net change of -7.23% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0110 was down 10.54% compared to the 2023 peak of 0.0123, 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 55 BWP
2023 Average 58 BWP
Yearly Trough Low 48 BWP
Transaction Impact: A difference of 6.58 BWP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0108
0.0097
JanuMarcMayJulySeptNove

RWF to BWP 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 0.0106, compared to 0.0100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0106
H2 Avg (Jul–Dec) 0.0100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0007 BWP (High: 0.0110 / Low: 0.0103). On the other end, July was the most stable month, with a tight range of 0.0002 BWP (High: 0.0104 / Low: 0.0103).

May Spread (Volatile) ±0.0007
July Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0003 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2024: 0.0105) against the same month in 2023 (average: 0.0120), the exchange rate shifted by -0.0015 (-12.70%).

2024 Avg (May) 0.0105
2023 Avg (May) 0.0120

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0108 0.0106 0.0107
February 0.0108 0.0106 0.0107
March 0.0108 0.0105 0.0106
April 0.0110 0.0105 0.0107
May 0.0110 0.0103 0.0105
June 0.0106 0.0102 0.0104
July 0.0104 0.0103 0.0103
August 0.0103 0.0099 0.0101
September 0.0100 0.0097 0.0099
October 0.0099 0.0097 0.0098
November 0.0100 0.0097 0.0099
December 0.0101 0.0097 0.0099