2024 RWF to SEK Historical Review

YEARLY HIGH

0.0085 SEK

YEARLY LOW

0.0075 SEK

YEARLY AVERAGE

0.0080 SEK

2024 RWF to SEK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to SEK exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0085. Conversely, the yearly low was recorded on September 24, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0010 SEK. From a start-to-finish perspective, comparing the January average rate of 0.0081 to the December average rate of 0.0079, the exchange rate registered a net change of -2.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0085 was down 14.69% compared to the 2023 peak of 0.0100, 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 43 SEK

2023 Average 46 SEK

Yearly Trough Low 37 SEK

Transaction Impact: A difference of 5.18 SEK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0085

0.0075

JanuMarcMayJulySeptNove

RWF to SEK 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 0.0082, compared to 0.0079 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0082

H2 Avg (Jul–Dec) 0.0079

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0006 SEK (High: 0.0082 / Low: 0.0076). On the other end, June was the most stable month, with a tight range of 0.0002 SEK (High: 0.0081 / Low: 0.0079).

August Spread (Volatile) ±0.0006

June Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0002 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0084) against the same month in 2023 (average: 0.0093), the exchange rate shifted by -0.0009 (-10.03%).

2024 Avg (April) 0.0084

2023 Avg (April) 0.0093

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0082	0.0080	0.0081
February	0.0083	0.0080	0.0082
March	0.0083	0.0079	0.0081
April	0.0085	0.0082	0.0084
May	0.0085	0.0081	0.0083
June	0.0081	0.0079	0.0080
July	0.0082	0.0079	0.0081
August	0.0082	0.0076	0.0079
September	0.0078	0.0075	0.0076
October	0.0078	0.0076	0.0077
November	0.0081	0.0078	0.0080
December	0.0082	0.0078	0.0079