2024 RWF to HKD Historical Review

YEARLY HIGH

0.0062 HKD

YEARLY LOW

0.0056 HKD

YEARLY AVERAGE

0.0059 HKD

2024 RWF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0062. Conversely, the yearly low was recorded on December 24, dropping to 0.0056.

This high-to-low spread represents a total annual volatility of 0.0006 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0062 to the December average rate of 0.0056, the exchange rate registered a net change of -8.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0062 was down 15.22% compared to the 2023 peak of 0.0073, 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 31 HKD

2023 Average 34 HKD

Yearly Trough Low 28 HKD

Transaction Impact: A difference of 3.14 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0062

0.0056

JanuMarcMayJulySeptNove

RWF to HKD 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 0.0061, compared to 0.0058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0061

H2 Avg (Jul–Dec) 0.0058

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0002 HKD (High: 0.0057 / Low: 0.0056). On the other end, April was the most stable month, with a tight range of 0.0001 HKD (High: 0.0061 / Low: 0.0060).

December Spread (Volatile) ±0.0002

April Spread (Stable) ±0.0001

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 0.0001 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0062) against the same month in 2023 (average: 0.0073), the exchange rate shifted by -0.0011 (-15.46%).

2024 Avg (January) 0.0062

2023 Avg (January) 0.0073

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0062	0.0061	0.0062
February	0.0062	0.0061	0.0061
March	0.0061	0.0061	0.0061
April	0.0061	0.0060	0.0061
May	0.0061	0.0059	0.0060
June	0.0060	0.0059	0.0060
July	0.0060	0.0059	0.0059
August	0.0060	0.0058	0.0059
September	0.0059	0.0057	0.0058
October	0.0058	0.0057	0.0057
November	0.0057	0.0056	0.0057
December	0.0057	0.0056	0.0056