2024 RWF to IDR Historical Review

YEARLY HIGH

12.6594 IDR

YEARLY LOW

11.1955 IDR

YEARLY AVERAGE

12.0503 IDR

2024 RWF to IDR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to IDR exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 12.6594. Conversely, the yearly low was recorded on September 26, dropping to 11.1955.

This high-to-low spread represents a total annual volatility of 1.4639 IDR. From a start-to-finish perspective, comparing the January average rate of 12.2938 to the December average rate of 11.6147, the exchange rate registered a net change of -5.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 12.6594 was down 13.32% compared to the 2023 peak of 14.6051, 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 63,297 IDR

2023 Average 65,924 IDR

Yearly Trough Low 55,977 IDR

Transaction Impact: A difference of 7,319.36 IDR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

12.6158

11.3082

JanuMarcMayJulySeptNove

RWF to IDR 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 12.3650, compared to 11.7357 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6293 points.

H1 Avg (Jan–Jun) 12.3650

H2 Avg (Jul–Dec) 11.7357

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.8323 IDR (High: 12.3904 / Low: 11.5581). On the other end, June was the most stable month, with a tight range of 0.2702 IDR (High: 12.5948 / Low: 12.3247).

August Spread (Volatile) ±0.8323

June Spread (Stable) ±0.2702

Growth Streaks & Declines

Trends

Between September and December, 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 0.4874 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.4874

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 12.4890) against the same month in 2023 (average: 13.4032), the exchange rate shifted by -0.9141 (-6.82%).

2024 Avg (April) 12.4890

2023 Avg (April) 13.4032

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.4407	12.1331	12.2938
February	12.3981	12.1264	12.2798
March	12.3669	12.0567	12.2437
April	12.6594	12.3321	12.4890
May	12.5342	12.2104	12.3769
June	12.5948	12.3247	12.5068
July	12.5668	12.2238	12.3739
August	12.3904	11.5581	11.9045
September	11.6646	11.1955	11.4172
October	11.7095	11.3731	11.5343
November	11.6840	11.3830	11.5693
December	12.0179	11.3810	11.6147