2024 RWF to NZD Historical Review

YEARLY HIGH

0.0013 NZD

YEARLY LOW

0.0012 NZD

YEARLY AVERAGE

0.0013 NZD

2024 RWF to NZD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to NZD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 20, valuing the pair at 0.0013. Conversely, the yearly low was recorded on September 26, dropping to 0.0012.

This high-to-low spread represents a total annual volatility of 0.0002 NZD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0013, the exchange rate registered a net change of -1.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0013 was down 12.10% compared to the 2023 peak of 0.0015, 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 7 NZD

2023 Average 7 NZD

Yearly Trough Low 6 NZD

Transaction Impact: A difference of 0.76 NZD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0013

0.0012

JanuMarcMayJulySeptNove

RWF to NZD 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 0.0013, compared to 0.0012 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0013

H2 Avg (Jul–Dec) 0.0012

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0001 NZD (High: 0.0013 / Low: 0.0012). On the other end, June was the most stable month, with a tight range of 0.0000 NZD (High: 0.0013 / Low: 0.0012).

December Spread (Volatile) ±0.0001

June Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0000 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0013) against the same month in 2023 (average: 0.0015), the exchange rate shifted by -0.0001 (-10.26%).

2024 Avg (April) 0.0013

2023 Avg (April) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0013	0.0013	0.0013
February	0.0013	0.0013	0.0013
March	0.0013	0.0013	0.0013
April	0.0013	0.0013	0.0013
May	0.0013	0.0012	0.0013
June	0.0013	0.0012	0.0012
July	0.0013	0.0012	0.0013
August	0.0013	0.0012	0.0012
September	0.0012	0.0012	0.0012
October	0.0012	0.0012	0.0012
November	0.0013	0.0012	0.0012
December	0.0013	0.0012	0.0013