2024 RWF to ISK Historical Review

YEARLY HIGH

0.1101 ISK

YEARLY LOW

0.0990 ISK

YEARLY AVERAGE

0.1048 ISK

2024 RWF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 0.1101. Conversely, the yearly low was recorded on December 17, dropping to 0.0990.

This high-to-low spread represents a total annual volatility of 0.0111 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1077 to the December average rate of 0.1003, the exchange rate registered a net change of -6.95% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1101 was down 18.65% compared to the 2023 peak of 0.1353, 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 550 ISK

2023 Average 597 ISK

Yearly Trough Low 495 ISK

Transaction Impact: A difference of 55.35 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1096

0.0994

JanuMarcMayJulySeptNove

RWF to ISK 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 0.1074, compared to 0.1022 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.1074

H2 Avg (Jul–Dec) 0.1022

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0044 ISK (High: 0.1034 / Low: 0.0990). On the other end, June was the most stable month, with a tight range of 0.0015 ISK (High: 0.1067 / Low: 0.1052).

December Spread (Volatile) ±0.0044

June Spread (Stable) ±0.0015

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 0.0021 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.1088) against the same month in 2023 (average: 0.1230), the exchange rate shifted by -0.0143 (-11.59%).

2024 Avg (April) 0.1088

2023 Avg (April) 0.1230

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1094	0.1051	0.1077
February	0.1088	0.1068	0.1080
March	0.1084	0.1049	0.1069
April	0.1101	0.1076	0.1088
May	0.1084	0.1052	0.1069
June	0.1067	0.1052	0.1060
July	0.1065	0.1041	0.1049
August	0.1057	0.1020	0.1041
September	0.1040	0.0997	0.1020
October	0.1024	0.0992	0.1011
November	0.1023	0.0994	0.1008
December	0.1034	0.0990	0.1003