2024 RWF to LBP Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 RWF to LBP Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the RWF to LBP exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 70.4635. Conversely, the yearly low was recorded on January 21, dropping to 11.6876.
This high-to-low spread represents a total annual volatility of 58.7758 LBP. From a start-to-finish perspective, comparing the January average rate of 11.8291 to the December average rate of 64.7161, the exchange rate registered a net change of 447.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 70.4635 was up 397.11% compared to the 2023 peak of 14.1745, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
RWF to LBP Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 52.7156, compared to 66.4776 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7620 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was February, with a trading range of 58.5694 LBP (High: 70.3137 / Low: 11.7444). On the other end, January was the most stable month, with a tight range of 0.2505 LBP (High: 11.9381 / Low: 11.6876).
Growth Streaks & Declines
TrendsBetween January and March, 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 August and September, when the average rate fell by 0.9016 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 69.7570) against the same month in 2023 (average: 13.7811), the exchange rate shifted by +55.9759 (+406.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 11.9381 | 11.6876 | 11.8291 |
| February | 70.3137 | 11.7444 | 27.8636 |
| March | 70.4635 | 69.4389 | 69.7570 |
| April | 69.6864 | 69.0425 | 69.4132 |
| May | 69.3351 | 68.0971 | 68.9707 |
| June | 68.9660 | 67.8384 | 68.4597 |
| July | 68.6411 | 67.7404 | 68.1758 |
| August | 68.1878 | 66.7266 | 67.6009 |
| September | 67.3190 | 65.9413 | 66.6993 |
| October | 67.1383 | 65.5953 | 66.2327 |
| November | 66.0921 | 64.9507 | 65.4406 |
| December | 66.2134 | 64.1895 | 64.7161 |