2024 RWF to JMD Historical Review

YEARLY HIGH

0.1235 JMD

YEARLY LOW

0.1117 JMD

YEARLY AVERAGE

0.1187 JMD

2024 RWF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 15, valuing the pair at 0.1235. Conversely, the yearly low was recorded on December 24, dropping to 0.1117.

This high-to-low spread represents a total annual volatility of 0.0119 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1220 to the December average rate of 0.1131, the exchange rate registered a net change of -7.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1235 was down 13.65% compared to the 2023 peak of 0.1431, 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 618 JMD

2023 Average 667 JMD

Yearly Trough Low 558 JMD

Transaction Impact: A difference of 59.30 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1236

0.1121

JanuMarcMayJulySeptNove

RWF to JMD 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 0.1208, compared to 0.1167 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.1208

H2 Avg (Jul–Dec) 0.1167

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0041 JMD (High: 0.1158 / Low: 0.1117). On the other end, July was the most stable month, with a tight range of 0.0015 JMD (High: 0.1198 / Low: 0.1183).

December Spread (Volatile) ±0.0041

July 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 November and December, when the average rate fell by 0.0027 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.1226) against the same month in 2023 (average: 0.1420), the exchange rate shifted by -0.0194 (-13.64%).

2024 Avg (February) 0.1226

2023 Avg (February) 0.1420

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1227	0.1206	0.1220
February	0.1235	0.1213	0.1226
March	0.1223	0.1193	0.1204
April	0.1209	0.1186	0.1202
May	0.1215	0.1190	0.1204
June	0.1199	0.1180	0.1190
July	0.1198	0.1183	0.1191
August	0.1196	0.1169	0.1184
September	0.1179	0.1155	0.1170
October	0.1179	0.1157	0.1170
November	0.1167	0.1143	0.1158
December	0.1158	0.1117	0.1131