2024 RWF to CVE Historical Review

YEARLY HIGH

0.0809 CVE

YEARLY LOW

0.0729 CVE

YEARLY AVERAGE

0.0775 CVE

2024 RWF to CVE Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to CVE exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0809. Conversely, the yearly low was recorded on September 25, dropping to 0.0729.

This high-to-low spread represents a total annual volatility of 0.0080 CVE. From a start-to-finish perspective, comparing the January average rate of 0.0796 to the December average rate of 0.0761, the exchange rate registered a net change of -4.42% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0809 was down 17.42% compared to the 2023 peak of 0.0980, 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 405 CVE

2023 Average 442 CVE

Yearly Trough Low 365 CVE

Transaction Impact: A difference of 39.94 CVE purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0808

0.0734

JanuMarcMayJulySeptNove

RWF to CVE 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 0.0793, compared to 0.0757 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0036 points.

H1 Avg (Jan–Jun) 0.0793

H2 Avg (Jul–Dec) 0.0757

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0039 CVE (High: 0.0778 / Low: 0.0740). On the other end, June was the most stable month, with a tight range of 0.0014 CVE (High: 0.0790 / Low: 0.0776).

August Spread (Volatile) ±0.0039

June Spread (Stable) ±0.0014

Growth Streaks & Declines

Trends

Between September and December, 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 0.0018 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0802) against the same month in 2023 (average: 0.0949), the exchange rate shifted by -0.0147 (-15.48%).

2024 Avg (February) 0.0802

2023 Avg (February) 0.0949

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0804	0.0786	0.0796
February	0.0809	0.0789	0.0802
March	0.0802	0.0782	0.0791
April	0.0806	0.0787	0.0797
May	0.0804	0.0773	0.0787
June	0.0790	0.0776	0.0784
July	0.0790	0.0766	0.0774
August	0.0778	0.0740	0.0758
September	0.0749	0.0729	0.0740
October	0.0757	0.0737	0.0749
November	0.0776	0.0742	0.0758
December	0.0777	0.0749	0.0761