2024 RWF to THB Historical Review

YEARLY HIGH

0.0288 THB

YEARLY LOW

0.0240 THB

YEARLY AVERAGE

0.0268 THB

2024 RWF to THB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to THB exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 0.0288. Conversely, the yearly low was recorded on September 26, dropping to 0.0240.

This high-to-low spread represents a total annual volatility of 0.0048 THB. From a start-to-finish perspective, comparing the January average rate of 0.0277 to the December average rate of 0.0247, the exchange rate registered a net change of -10.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0288 was down 11.05% compared to the 2023 peak of 0.0323, 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 144 THB

2023 Average 150 THB

Yearly Trough Low 120 THB

Transaction Impact: A difference of 24.02 THB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0289

0.0243

JanuMarcMayJulySeptNove

RWF to THB 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 0.0281, compared to 0.0255 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.0281

H2 Avg (Jul–Dec) 0.0255

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0017 THB (High: 0.0271 / Low: 0.0254). On the other end, June was the most stable month, with a tight range of 0.0005 THB (High: 0.0283 / Low: 0.0278).

August Spread (Volatile) ±0.0017

June Spread (Stable) ±0.0005

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 0.0014 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2024: 0.0285) against the same month in 2023 (average: 0.0308), the exchange rate shifted by -0.0023 (-7.46%).

2024 Avg (April) 0.0285

2023 Avg (April) 0.0308

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0281	0.0272	0.0277
February	0.0284	0.0277	0.0281
March	0.0284	0.0274	0.0280
April	0.0288	0.0281	0.0285
May	0.0286	0.0279	0.0282
June	0.0283	0.0278	0.0281
July	0.0282	0.0270	0.0276
August	0.0271	0.0254	0.0262
September	0.0257	0.0240	0.0248
October	0.0250	0.0244	0.0247
November	0.0256	0.0246	0.0251
December	0.0256	0.0242	0.0247