2024 RWF to INR Historical Review

YEARLY HIGH

0.0661 INR

YEARLY LOW

0.0609 INR

YEARLY AVERAGE

0.0635 INR

2024 RWF to INR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to INR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.0661. Conversely, the yearly low was recorded on December 9, dropping to 0.0609.

This high-to-low spread represents a total annual volatility of 0.0052 INR. From a start-to-finish perspective, comparing the January average rate of 0.0654 to the December average rate of 0.0615, the exchange rate registered a net change of -6.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0661 was down 14.63% compared to the 2023 peak of 0.0774, 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 330 INR

2023 Average 357 INR

Yearly Trough Low 304 INR

Transaction Impact: A difference of 26.04 INR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0658

0.0611

JanuMarcMayJulySeptNove

RWF to INR 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 0.0646, compared to 0.0624 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0022 points.

H1 Avg (Jan–Jun) 0.0646

H2 Avg (Jul–Dec) 0.0624

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0021 INR (High: 0.0630 / Low: 0.0609). On the other end, July was the most stable month, with a tight range of 0.0007 INR (High: 0.0640 / Low: 0.0633).

December Spread (Volatile) ±0.0021

July Spread (Stable) ±0.0007

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 0 Mo.

Sharpest MoM Drop -0.0010

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0654) against the same month in 2023 (average: 0.0760), the exchange rate shifted by -0.0106 (-13.99%).

2024 Avg (January) 0.0654

2023 Avg (January) 0.0760

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0661	0.0646	0.0654
February	0.0654	0.0642	0.0650
March	0.0654	0.0642	0.0647
April	0.0651	0.0643	0.0647
May	0.0647	0.0632	0.0642
June	0.0644	0.0632	0.0638
July	0.0640	0.0633	0.0637
August	0.0642	0.0627	0.0634
September	0.0630	0.0617	0.0624
October	0.0629	0.0615	0.0621
November	0.0620	0.0612	0.0616
December	0.0630	0.0609	0.0615