2024 RWF to HUF Historical Review

YEARLY HIGH

0.2953 HUF

YEARLY LOW

0.2612 HUF

YEARLY AVERAGE

0.2775 HUF

2024 RWF to HUF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to HUF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.2953. Conversely, the yearly low was recorded on September 20, dropping to 0.2612.

This high-to-low spread represents a total annual volatility of 0.0341 HUF. From a start-to-finish perspective, comparing the January average rate of 0.2756 to the December average rate of 0.2844, the exchange rate registered a net change of 3.19% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2953 was down 16.78% compared to the 2023 peak of 0.3548, 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 1,477 HUF

2023 Average 1,528 HUF

Yearly Trough Low 1,306 HUF

Transaction Impact: A difference of 170.69 HUF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2864

0.2626

JanuMarcMayJulySeptNove

RWF to HUF 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 0.2801, compared to 0.2748 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0053 points.

H1 Avg (Jan–Jun) 0.2801

H2 Avg (Jul–Dec) 0.2748

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0164 HUF (High: 0.2794 / Low: 0.2630). On the other end, March was the most stable month, with a tight range of 0.0079 HUF (High: 0.2877 / Low: 0.2798).

August Spread (Volatile) ±0.0164

March Spread (Stable) ±0.0079

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 0.0080 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0080

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.2844) against the same month in 2023 (average: 0.2788), the exchange rate shifted by +0.0056 (+2.03%).

2024 Avg (December) 0.2844

2023 Avg (December) 0.2788

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2817	0.2706	0.2756
February	0.2851	0.2762	0.2818
March	0.2877	0.2798	0.2832
April	0.2884	0.2788	0.2840
May	0.2820	0.2693	0.2760
June	0.2842	0.2742	0.2802
July	0.2818	0.2706	0.2754
August	0.2794	0.2630	0.2706
September	0.2698	0.2612	0.2646
October	0.2768	0.2666	0.2726
November	0.2883	0.2738	0.2814
December	0.2953	0.2799	0.2844