2024 RWF to PKR Historical Review

YEARLY HIGH

0.2235 PKR

YEARLY LOW

0.1996 PKR

YEARLY AVERAGE

0.2115 PKR

2024 RWF to PKR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to PKR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 0.2235. Conversely, the yearly low was recorded on December 24, dropping to 0.1996.

This high-to-low spread represents a total annual volatility of 0.0240 PKR. From a start-to-finish perspective, comparing the January average rate of 0.2203 to the December average rate of 0.2010, the exchange rate registered a net change of -8.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.2235 was down 15.45% compared to the 2023 peak of 0.2644, 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 1,118 PKR

2023 Average 1,208 PKR

Yearly Trough Low 998 PKR

Transaction Impact: A difference of 119.81 PKR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.2222

0.1991

JanuMarcMayJulySeptNove

RWF to PKR 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 0.2165, compared to 0.2065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.2165

H2 Avg (Jul–Dec) 0.2065

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 0.0068 PKR (High: 0.2235 / Low: 0.2167). On the other end, April was the most stable month, with a tight range of 0.0014 PKR (High: 0.2161 / Low: 0.2147).

January Spread (Volatile) ±0.0068

April Spread (Stable) ±0.0014

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 0.0031 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.2203) against the same month in 2023 (average: 0.2175), the exchange rate shifted by +0.0028 (+1.31%).

2024 Avg (January) 0.2203

2023 Avg (January) 0.2175

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2235	0.2167	0.2203
February	0.2199	0.2164	0.2187
March	0.2193	0.2156	0.2171
April	0.2161	0.2147	0.2156
May	0.2162	0.2115	0.2144
June	0.2146	0.2108	0.2128
July	0.2134	0.2105	0.2119
August	0.2122	0.2075	0.2103
September	0.2094	0.2049	0.2072
October	0.2081	0.2034	0.2053
November	0.2046	0.2016	0.2030
December	0.2057	0.1996	0.2010