YEARLY HIGH
0.0292 SRD
YEARLY LOW
0.0214 SRD
YEARLY AVERAGE
0.0252 SRD

2024 RWF to SRD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to SRD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 0.0292. Conversely, the yearly low was recorded on September 5, dropping to 0.0214.

This high-to-low spread represents a total annual volatility of 0.0078 SRD. From a start-to-finish perspective, comparing the January average rate of 0.0289 to the December average rate of 0.0255, the exchange rate registered a net change of -11.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0292 was down 13.72% compared to the 2023 peak of 0.0338, 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 146 SRD
2023 Average 158 SRD
Yearly Trough Low 107 SRD
Transaction Impact: A difference of 39.07 SRD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0296
0.0210
JanuMarcMayJulySeptNove

RWF to SRD 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 0.0268, compared to 0.0236 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0032 points.

H1 Avg (Jan–Jun) 0.0268
H2 Avg (Jul–Dec) 0.0236

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0026 SRD (High: 0.0253 / Low: 0.0226). On the other end, August was the most stable month, with a tight range of 0.0006 SRD (High: 0.0221 / Low: 0.0215).

October Spread (Volatile) ±0.0026
August Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between August and November, 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 April and May, when the average rate fell by 0.0017 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0289) against the same month in 2023 (average: 0.0296), the exchange rate shifted by -0.0007 (-2.46%).

2024 Avg (January) 0.0289
2023 Avg (January) 0.0296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0292 0.0283 0.0289
February 0.0288 0.0274 0.0283
March 0.0278 0.0271 0.0274
April 0.0273 0.0261 0.0268
May 0.0262 0.0246 0.0251
June 0.0248 0.0232 0.0240
July 0.0236 0.0218 0.0226
August 0.0221 0.0215 0.0218
September 0.0230 0.0214 0.0221
October 0.0253 0.0226 0.0240
November 0.0260 0.0252 0.0257
December 0.0260 0.0251 0.0255