2024 RWF to ETB Historical Review

YEARLY HIGH

0.0938 ETB

YEARLY LOW

0.0435 ETB

YEARLY AVERAGE

0.0619 ETB

2024 RWF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0938. Conversely, the yearly low was recorded on June 13, dropping to 0.0435.

This high-to-low spread represents a total annual volatility of 0.0503 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0444 to the December average rate of 0.0916, the exchange rate registered a net change of 106.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0938 was up 86.95% compared to the 2023 peak of 0.0502, 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 469 ETB

2023 Average 237 ETB

Yearly Trough Low 218 ETB

Transaction Impact: A difference of 251.40 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0963

0.0392

JanuMarcMayJulySeptNove

RWF to ETB 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 0.0442, compared to 0.0797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.0442

H2 Avg (Jul–Dec) 0.0797

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0244 ETB (High: 0.0843 / Low: 0.0600). On the other end, April was the most stable month, with a tight range of 0.0005 ETB (High: 0.0445 / Low: 0.0439).

August Spread (Volatile) ±0.0244

April Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0916) against the same month in 2023 (average: 0.0448), the exchange rate shifted by +0.0468 (+104.42%).

2024 Avg (December) 0.0916

2023 Avg (December) 0.0448

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0447	0.0439	0.0444
February	0.0446	0.0439	0.0444
March	0.0445	0.0439	0.0442
April	0.0445	0.0439	0.0441
May	0.0444	0.0437	0.0442
June	0.0443	0.0435	0.0440
July	0.0574	0.0436	0.0444
August	0.0843	0.0600	0.0777
September	0.0894	0.0821	0.0860
October	0.0902	0.0877	0.0890
November	0.0917	0.0878	0.0895
December	0.0938	0.0893	0.0916