YEARLY HIGH
0.3865 KZT
YEARLY LOW
0.3368 KZT
YEARLY AVERAGE
0.3562 KZT

2024 RWF to KZT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to KZT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.3865. Conversely, the yearly low was recorded on May 25, dropping to 0.3368.

This high-to-low spread represents a total annual volatility of 0.0497 KZT. From a start-to-finish perspective, comparing the January average rate of 0.3555 to the December average rate of 0.3767, the exchange rate registered a net change of 5.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.3865 was down 11.23% compared to the 2023 peak of 0.4354, 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 1,933 KZT
2023 Average 1,974 KZT
Yearly Trough Low 1,684 KZT
Transaction Impact: A difference of 248.52 KZT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.3802
0.3371
JanuMarcMayJulySeptNove

RWF to KZT 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 0.3490, compared to 0.3633 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0142 points.

H1 Avg (Jan–Jun) 0.3490
H2 Avg (Jul–Dec) 0.3633

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0213 KZT (High: 0.3865 / Low: 0.3652). On the other end, April was the most stable month, with a tight range of 0.0072 KZT (High: 0.3487 / Low: 0.3415).

December Spread (Volatile) ±0.0213
April Spread (Stable) ±0.0072

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.0052 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0052

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3767) against the same month in 2023 (average: 0.3662), the exchange rate shifted by +0.0105 (+2.86%).

2024 Avg (December) 0.3767
2023 Avg (December) 0.3662

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3629 0.3475 0.3555
February 0.3584 0.3472 0.3534
March 0.3546 0.3464 0.3500
April 0.3487 0.3415 0.3459
May 0.3441 0.3368 0.3407
June 0.3616 0.3417 0.3487
July 0.3671 0.3582 0.3619
August 0.3651 0.3560 0.3615
September 0.3623 0.3535 0.3577
October 0.3679 0.3563 0.3592
November 0.3752 0.3577 0.3627
December 0.3865 0.3652 0.3767