YEARLY HIGH
16.6433 SLL
YEARLY LOW
15.0408 SLL
YEARLY AVERAGE
15.9265 SLL

2024 RWF to SLL Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to SLL exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 16.6433. Conversely, the yearly low was recorded on December 24, dropping to 15.0408.

This high-to-low spread represents a total annual volatility of 1.6025 SLL. From a start-to-finish perspective, comparing the January average rate of 16.5034 to the December average rate of 15.1590, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 16.6433 was down 7.25% compared to the 2023 peak of 17.9435, 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 83,217 SLL
2023 Average 82,283 SLL
Yearly Trough Low 75,204 SLL
Transaction Impact: A difference of 8,012.32 SLL purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

16.6378
15.0245
JanuMarcMayJulySeptNove

RWF to SLL 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 16.2871, compared to 15.5658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7213 points.

H1 Avg (Jan–Jun) 16.2871
H2 Avg (Jul–Dec) 15.5658

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4625 SLL (High: 15.5033 / Low: 15.0408). On the other end, April was the most stable month, with a tight range of 0.1659 SLL (High: 16.3305 / Low: 16.1646).

December Spread (Volatile) ±0.4625
April Spread (Stable) ±0.1659

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 0.2258 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.2258

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 16.5034) against the same month in 2023 (average: 16.4370), the exchange rate shifted by +0.0664 (+0.40%).

2024 Avg (January) 16.5034
2023 Avg (January) 16.4370

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 16.6433 16.3105 16.5034
February 16.5097 16.2513 16.4396
March 16.4725 16.2558 16.3360
April 16.3305 16.1646 16.2592
May 16.2786 15.9580 16.1561
June 16.1610 15.8620 16.0284
July 16.0734 15.8600 15.9682
August 16.0663 15.6668 15.8407
September 15.7478 15.4259 15.6148
October 15.7252 15.3583 15.4970
November 15.4419 15.2111 15.3153
December 15.5033 15.0408 15.1590