2024 RWF to JPY Historical Review

YEARLY HIGH

0.1238 JPY

YEARLY LOW

0.1036 JPY

YEARLY AVERAGE

0.1150 JPY

2024 RWF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 0.1238. Conversely, the yearly low was recorded on September 15, dropping to 0.1036.

This high-to-low spread represents a total annual volatility of 0.0202 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1150 to the December average rate of 0.1114, the exchange rate registered a net change of -3.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1238 was down 1.73% compared to the 2023 peak of 0.1260, 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 619 JPY

2023 Average 607 JPY

Yearly Trough Low 518 JPY

Transaction Impact: A difference of 100.94 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1223

0.1051

JanuMarcMayJulySeptNove

RWF to JPY 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 0.1182, compared to 0.1119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0063 points.

H1 Avg (Jan–Jun) 0.1182

H2 Avg (Jul–Dec) 0.1119

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0098 JPY (High: 0.1238 / Low: 0.1140). On the other end, May was the most stable month, with a tight range of 0.0031 JPY (High: 0.1213 / Low: 0.1181).

July Spread (Volatile) ±0.0098

May Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between March and June, 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 July and August, when the average rate fell by 0.0095 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0095

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.1200) against the same month in 2023 (average: 0.1209), the exchange rate shifted by -0.0009 (-0.72%).

2024 Avg (July) 0.1200

2023 Avg (July) 0.1209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1167	0.1118	0.1150
February	0.1183	0.1149	0.1173
March	0.1184	0.1141	0.1167
April	0.1223	0.1175	0.1194
May	0.1213	0.1181	0.1200
June	0.1233	0.1189	0.1209
July	0.1238	0.1140	0.1200
August	0.1135	0.1077	0.1105
September	0.1099	0.1036	0.1065
October	0.1131	0.1078	0.1108
November	0.1144	0.1088	0.1121
December	0.1147	0.1084	0.1114