YEARLY HIGH
0.4127 CRC
YEARLY LOW
0.3601 CRC
YEARLY AVERAGE
0.3916 CRC

2024 RWF to CRC Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to CRC exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.4127. Conversely, the yearly low was recorded on December 11, dropping to 0.3601.

This high-to-low spread represents a total annual volatility of 0.0526 CRC. From a start-to-finish perspective, comparing the January average rate of 0.4069 to the December average rate of 0.3657, the exchange rate registered a net change of -10.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4127 was down 25.47% compared to the 2023 peak of 0.5537, 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 2,063 CRC
2023 Average 2,346 CRC
Yearly Trough Low 1,801 CRC
Transaction Impact: A difference of 262.94 CRC purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4110
0.3616
JanuMarcMayJulySeptNove

RWF to CRC 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 0.3991, compared to 0.3840 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0151 points.

H1 Avg (Jan–Jun) 0.3991
H2 Avg (Jul–Dec) 0.3840

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0143 CRC (High: 0.4016 / Low: 0.3873). On the other end, April was the most stable month, with a tight range of 0.0086 CRC (High: 0.3956 / Low: 0.3870).

August Spread (Volatile) ±0.0143
April Spread (Stable) ±0.0086

Growth Streaks & Declines

Trends

Between April and June, 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 0.0095 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.4069) against the same month in 2023 (average: 0.5348), the exchange rate shifted by -0.1280 (-23.93%).

2024 Avg (January) 0.4069
2023 Avg (January) 0.5348

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4127 0.4001 0.4069
February 0.4074 0.3983 0.4043
March 0.4022 0.3902 0.3962
April 0.3956 0.3870 0.3908
May 0.4011 0.3899 0.3949
June 0.4092 0.3960 0.4017
July 0.4086 0.3979 0.4010
August 0.4016 0.3873 0.3963
September 0.3949 0.3813 0.3868
October 0.3884 0.3764 0.3815
November 0.3775 0.3686 0.3729
December 0.3721 0.3601 0.3657