YEARLY HIGH
0.0707 KGS
YEARLY LOW
0.0621 KGS
YEARLY AVERAGE
0.0662 KGS

2024 RWF to KGS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to KGS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0707. Conversely, the yearly low was recorded on October 5, dropping to 0.0621.

This high-to-low spread represents a total annual volatility of 0.0086 KGS. From a start-to-finish perspective, comparing the January average rate of 0.0702 to the December average rate of 0.0628, the exchange rate registered a net change of -10.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0707 was down 12.71% compared to the 2023 peak of 0.0810, 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 354 KGS
2023 Average 380 KGS
Yearly Trough Low 310 KGS
Transaction Impact: A difference of 43.12 KGS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0710
0.0621
JanuMarcMayJulySeptNove

RWF to KGS 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 0.0689, compared to 0.0635 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0055 points.

H1 Avg (Jan–Jun) 0.0689
H2 Avg (Jul–Dec) 0.0635

Volatility Range Comparison

Volatility

The most volatile month in 2024 was July, with a trading range of 0.0026 KGS (High: 0.0662 / Low: 0.0636). On the other end, March was the most stable month, with a tight range of 0.0009 KGS (High: 0.0703 / Low: 0.0694).

July Spread (Volatile) ±0.0026
March Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0018 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0702) against the same month in 2023 (average: 0.0796), the exchange rate shifted by -0.0094 (-11.79%).

2024 Avg (January) 0.0702
2023 Avg (January) 0.0796

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0707 0.0695 0.0702
February 0.0704 0.0693 0.0701
March 0.0703 0.0694 0.0697
April 0.0695 0.0686 0.0691
May 0.0688 0.0669 0.0680
June 0.0676 0.0655 0.0666
July 0.0662 0.0636 0.0648
August 0.0651 0.0637 0.0643
September 0.0638 0.0621 0.0628
October 0.0635 0.0621 0.0630
November 0.0635 0.0626 0.0631
December 0.0643 0.0623 0.0628