2024 RWF to CDF Historical Review

YEARLY HIGH

2.1922 CDF

YEARLY LOW

2.0394 CDF

YEARLY AVERAGE

2.1374 CDF

2024 RWF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 12, valuing the pair at 2.1922. Conversely, the yearly low was recorded on December 26, dropping to 2.0394.

This high-to-low spread represents a total annual volatility of 0.1529 CDF. From a start-to-finish perspective, comparing the January average rate of 2.1421 to the December average rate of 2.0633, the exchange rate registered a net change of -3.68% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.1922 was down 1.41% compared to the 2023 peak of 2.2236, 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 10,961 CDF

2023 Average 10,066 CDF

Yearly Trough Low 10,197 CDF

Transaction Impact: A difference of 764.32 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.1758

2.0531

JanuMarcMayJulySeptNove

RWF to CDF 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 2.1579, compared to 2.1169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0409 points.

H1 Avg (Jan–Jun) 2.1579

H2 Avg (Jul–Dec) 2.1169

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0789 CDF (High: 2.1684 / Low: 2.0896). On the other end, March was the most stable month, with a tight range of 0.0270 CDF (High: 2.1760 / Low: 2.1489).

January Spread (Volatile) ±0.0789

March Spread (Stable) ±0.0270

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0312 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0312

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 2.1656) against the same month in 2023 (average: 2.1136), the exchange rate shifted by +0.0520 (+2.46%).

2024 Avg (July) 2.1656

2023 Avg (July) 2.1136

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1684	2.0896	2.1421
February	2.1696	2.1411	2.1609
March	2.1760	2.1489	2.1612
April	2.1921	2.1553	2.1645
May	2.1722	2.1216	2.1538
June	2.1881	2.1471	2.1646
July	2.1922	2.1398	2.1656
August	2.1822	2.1163	2.1521
September	2.1497	2.0921	2.1210
October	2.1405	2.0959	2.1102
November	2.1101	2.0726	2.0893
December	2.1034	2.0394	2.0633