YEARLY HIGH
0.0186 CZK
YEARLY LOW
0.0166 CZK
YEARLY AVERAGE
0.0176 CZK

2024 RWF to CZK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to CZK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.0186. Conversely, the yearly low was recorded on September 24, dropping to 0.0166.

This high-to-low spread represents a total annual volatility of 0.0019 CZK. From a start-to-finish perspective, comparing the January average rate of 0.0178 to the December average rate of 0.0173, the exchange rate registered a net change of -2.72% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0186 was down 13.03% compared to the 2023 peak of 0.0214, 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 93 CZK
2023 Average 96 CZK
Yearly Trough Low 83 CZK
Transaction Impact: A difference of 9.70 CZK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0185
0.0167
JanuMarcMayJulySeptNove

RWF to CZK 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 0.0180, compared to 0.0173 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0180
H2 Avg (Jul–Dec) 0.0173

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0011 CZK (High: 0.0178 / Low: 0.0167). On the other end, September was the most stable month, with a tight range of 0.0004 CZK (High: 0.0170 / Low: 0.0166).

August Spread (Volatile) ±0.0011
September Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between September and November, 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 April and May, when the average rate fell by 0.0006 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0183) against the same month in 2023 (average: 0.0204), the exchange rate shifted by -0.0021 (-10.14%).

2024 Avg (February) 0.0183
2023 Avg (February) 0.0204

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0181 0.0176 0.0178
February 0.0186 0.0179 0.0183
March 0.0183 0.0179 0.0181
April 0.0185 0.0181 0.0183
May 0.0181 0.0173 0.0177
June 0.0179 0.0173 0.0176
July 0.0180 0.0175 0.0177
August 0.0178 0.0167 0.0173
September 0.0170 0.0166 0.0168
October 0.0173 0.0169 0.0172
November 0.0178 0.0170 0.0174
December 0.0179 0.0171 0.0173