YEARLY HIGH
0.1066 NPR
YEARLY LOW
0.0974 NPR
YEARLY AVERAGE
0.1016 NPR

2024 RWF to NPR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to NPR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.1066. Conversely, the yearly low was recorded on December 11, dropping to 0.0974.

This high-to-low spread represents a total annual volatility of 0.0092 NPR. From a start-to-finish perspective, comparing the January average rate of 0.1046 to the December average rate of 0.0982, the exchange rate registered a net change of -6.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.1066 was down 14.09% compared to the 2023 peak of 0.1241, 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 533 NPR
2023 Average 571 NPR
Yearly Trough Low 487 NPR
Transaction Impact: A difference of 46.14 NPR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.1053
0.0976
JanuMarcMayJulySeptNove

RWF to NPR 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 0.1034, compared to 0.0999 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0035 points.

H1 Avg (Jan–Jun) 0.1034
H2 Avg (Jul–Dec) 0.0999

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0032 NPR (High: 0.1066 / Low: 0.1033). On the other end, April was the most stable month, with a tight range of 0.0009 NPR (High: 0.1038 / Low: 0.1030).

January Spread (Volatile) ±0.0032
April Spread (Stable) ±0.0009

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 0.0014 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.1046) against the same month in 2023 (average: 0.1218), the exchange rate shifted by -0.0172 (-14.10%).

2024 Avg (January) 0.1046
2023 Avg (January) 0.1218

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1066 0.1033 0.1046
February 0.1046 0.1028 0.1041
March 0.1044 0.1025 0.1034
April 0.1038 0.1030 0.1034
May 0.1039 0.1011 0.1028
June 0.1029 0.1013 0.1021
July 0.1024 0.1013 0.1018
August 0.1022 0.1000 0.1013
September 0.1009 0.0987 0.0999
October 0.1005 0.0984 0.0994
November 0.0997 0.0979 0.0986
December 0.1005 0.0974 0.0982