2024 RWF to GMD Historical Review

YEARLY HIGH

0.0540 GMD

YEARLY LOW

0.0494 GMD

YEARLY AVERAGE

0.0522 GMD

2024 RWF to GMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to GMD exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 0.0540. Conversely, the yearly low was recorded on October 8, dropping to 0.0494.

This high-to-low spread represents a total annual volatility of 0.0046 GMD. From a start-to-finish perspective, comparing the January average rate of 0.0530 to the December average rate of 0.0519, the exchange rate registered a net change of -1.98% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0540 was down 7.00% compared to the 2023 peak of 0.0581, 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 270 GMD

2023 Average 269 GMD

Yearly Trough Low 247 GMD

Transaction Impact: A difference of 22.89 GMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0532

0.0510

JanuMarcMayJulySeptNove

RWF to GMD 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 0.0526, compared to 0.0519 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) 0.0526

H2 Avg (Jul–Dec) 0.0519

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0027 GMD (High: 0.0521 / Low: 0.0494). On the other end, April was the most stable month, with a tight range of 0.0006 GMD (High: 0.0529 / Low: 0.0523).

October Spread (Volatile) ±0.0027

April Spread (Stable) ±0.0006

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 0.0010 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2024: 0.0528) against the same month in 2023 (average: 0.0512), the exchange rate shifted by +0.0015 (+3.00%).

2024 Avg (August) 0.0528

2023 Avg (August) 0.0512

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0533	0.0523	0.0530
February	0.0534	0.0526	0.0530
March	0.0534	0.0527	0.0529
April	0.0529	0.0523	0.0526
May	0.0527	0.0516	0.0522
June	0.0522	0.0513	0.0518
July	0.0529	0.0513	0.0517
August	0.0540	0.0516	0.0528
September	0.0531	0.0505	0.0518
October	0.0521	0.0494	0.0512
November	0.0527	0.0513	0.0520
December	0.0532	0.0514	0.0519