2024 RWF to LKR Historical Review

YEARLY HIGH

0.2573 LKR

YEARLY LOW

0.2082 LKR

YEARLY AVERAGE

0.2294 LKR

2024 RWF to LKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to LKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 0.2573. Conversely, the yearly low was recorded on December 11, dropping to 0.2082.

This high-to-low spread represents a total annual volatility of 0.0490 LKR. From a start-to-finish perspective, comparing the January average rate of 0.2527 to the December average rate of 0.2109, the exchange rate registered a net change of -16.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2573 was down 24.98% compared to the 2023 peak of 0.3429, 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 1,286 LKR

2023 Average 1,423 LKR

Yearly Trough Low 1,041 LKR

Transaction Impact: A difference of 245.15 LKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2568

0.2067

JanuMarcMayJulySeptNove

RWF to LKR 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 0.2383, compared to 0.2205 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0178 points.

H1 Avg (Jan–Jun) 0.2383

H2 Avg (Jul–Dec) 0.2205

Volatility Range Comparison

Volatility

The most volatile month in 2024 was March, with a trading range of 0.0101 LKR (High: 0.2432 / Low: 0.2331). On the other end, June was the most stable month, with a tight range of 0.0040 LKR (High: 0.2343 / Low: 0.2303).

March Spread (Volatile) ±0.0101

June Spread (Stable) ±0.0040

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 January and February, when the average rate fell by 0.0078 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0078

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2527) against the same month in 2023 (average: 0.3403), the exchange rate shifted by -0.0876 (-25.76%).

2024 Avg (January) 0.2527

2023 Avg (January) 0.3403

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2573	0.2488	0.2527
February	0.2474	0.2409	0.2449
March	0.2432	0.2331	0.2376
April	0.2343	0.2293	0.2318
May	0.2331	0.2278	0.2306
June	0.2343	0.2303	0.2323
July	0.2340	0.2291	0.2312
August	0.2307	0.2224	0.2266
September	0.2265	0.2206	0.2240
October	0.2211	0.2147	0.2169
November	0.2156	0.2108	0.2132
December	0.2155	0.2082	0.2109