2024 RWF to EGP Historical Review

YEARLY HIGH

0.0388 EGP

YEARLY LOW

0.0240 EGP

YEARLY AVERAGE

0.0343 EGP

2024 RWF to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0388. Conversely, the yearly low was recorded on February 26, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0148 EGP. From a start-to-finish perspective, comparing the January average rate of 0.0243 to the December average rate of 0.0366, the exchange rate registered a net change of 50.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0388 was up 36.50% compared to the 2023 peak of 0.0284, 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 194 EGP

2023 Average 133 EGP

Yearly Trough Low 120 EGP

Transaction Impact: A difference of 74.16 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0384

0.0229

JanuMarcMayJulySeptNove

RWF to EGP 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 0.0323, compared to 0.0364 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.0323

H2 Avg (Jul–Dec) 0.0364

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0148 EGP (High: 0.0388 / Low: 0.0240). On the other end, February was the most stable month, with a tight range of 0.0003 EGP (High: 0.0243 / Low: 0.0240).

March Spread (Volatile) ±0.0148

February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between May and August, 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 0.0009 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2024: 0.0351) against the same month in 2023 (average: 0.0282), the exchange rate shifted by +0.0070 (+24.78%).

2024 Avg (March) 0.0351

2023 Avg (March) 0.0282

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0246	0.0240	0.0243
February	0.0243	0.0240	0.0242
March	0.0388	0.0240	0.0351
April	0.0377	0.0367	0.0371
May	0.0372	0.0359	0.0364
June	0.0368	0.0361	0.0365
July	0.0370	0.0364	0.0367
August	0.0375	0.0364	0.0369
September	0.0365	0.0356	0.0361
October	0.0362	0.0355	0.0359
November	0.0363	0.0357	0.0361
December	0.0376	0.0359	0.0366