YEARLY HIGH
0.1414 DJF
YEARLY LOW
0.1276 DJF
YEARLY AVERAGE
0.1351 DJF

2024 RWF to DJF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.1414. Conversely, the yearly low was recorded on December 24, dropping to 0.1276.

This high-to-low spread represents a total annual volatility of 0.0138 DJF. From a start-to-finish perspective, comparing the January average rate of 0.1400 to the December average rate of 0.1286, the exchange rate registered a net change of -8.17% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1414 was down 15.03% compared to the 2023 peak of 0.1664, 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 707 DJF
2023 Average 770 DJF
Yearly Trough Low 638 DJF
Transaction Impact: A difference of 69.18 DJF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1412
0.1274
JanuMarcMayJulySeptNove

RWF to DJF 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 0.1381, compared to 0.1320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0061 points.

H1 Avg (Jan–Jun) 0.1381
H2 Avg (Jul–Dec) 0.1320

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0039 DJF (High: 0.1315 / Low: 0.1276). On the other end, April was the most stable month, with a tight range of 0.0013 DJF (High: 0.1384 / Low: 0.1371).

December Spread (Volatile) ±0.0039
April Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2024. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0017 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1400) against the same month in 2023 (average: 0.1654), the exchange rate shifted by -0.0254 (-15.34%).

2024 Avg (January) 0.1400
2023 Avg (January) 0.1654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1414 0.1384 0.1400
February 0.1401 0.1378 0.1395
March 0.1397 0.1380 0.1385
April 0.1384 0.1371 0.1379
May 0.1379 0.1354 0.1369
June 0.1378 0.1344 0.1359
July 0.1361 0.1345 0.1354
August 0.1355 0.1326 0.1342
September 0.1338 0.1312 0.1325
October 0.1333 0.1302 0.1314
November 0.1314 0.1289 0.1299
December 0.1315 0.1276 0.1286