YEARLY HIGH
0.0291 NIO
YEARLY LOW
0.0264 NIO
YEARLY AVERAGE
0.0279 NIO

2024 RWF to NIO Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to NIO exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.0291. Conversely, the yearly low was recorded on December 26, dropping to 0.0264.

This high-to-low spread represents a total annual volatility of 0.0027 NIO. From a start-to-finish perspective, comparing the January average rate of 0.0288 to the December average rate of 0.0266, the exchange rate registered a net change of -7.81% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0291 was down 14.79% compared to the 2023 peak of 0.0342, 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 146 NIO
2023 Average 158 NIO
Yearly Trough Low 132 NIO
Transaction Impact: A difference of 13.68 NIO purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0291
0.0264
JanuMarcMayJulySeptNove

RWF to NIO 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 0.0286, compared to 0.0273 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0012 points.

H1 Avg (Jan–Jun) 0.0286
H2 Avg (Jul–Dec) 0.0273

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0008 NIO (High: 0.0272 / Low: 0.0264). On the other end, April was the most stable month, with a tight range of 0.0003 NIO (High: 0.0287 / Low: 0.0284).

December Spread (Volatile) ±0.0008
April Spread (Stable) ±0.0003

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 August and September, when the average rate fell by 0.0004 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0288) against the same month in 2023 (average: 0.0339), the exchange rate shifted by -0.0051 (-15.02%).

2024 Avg (January) 0.0288
2023 Avg (January) 0.0339

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0291 0.0285 0.0288
February 0.0289 0.0285 0.0288
March 0.0289 0.0285 0.0287
April 0.0287 0.0284 0.0285
May 0.0285 0.0280 0.0283
June 0.0284 0.0279 0.0281
July 0.0282 0.0278 0.0280
August 0.0280 0.0274 0.0278
September 0.0277 0.0271 0.0274
October 0.0276 0.0269 0.0272
November 0.0271 0.0267 0.0269
December 0.0272 0.0264 0.0266