YEARLY HIGH
0.0019 TOP
YEARLY LOW
0.0017 TOP
YEARLY AVERAGE
0.0018 TOP

2024 RWF to TOP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to TOP exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 0.0019. Conversely, the yearly low was recorded on December 24, dropping to 0.0017.

This high-to-low spread represents a total annual volatility of 0.0002 TOP. From a start-to-finish perspective, comparing the January average rate of 0.0019 to the December average rate of 0.0017, the exchange rate registered a net change of -6.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0019 was down 14.49% compared to the 2023 peak of 0.0022, 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 9 TOP
2023 Average 10 TOP
Yearly Trough Low 9 TOP
Transaction Impact: A difference of 0.82 TOP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0019
0.0017
JanuMarcMayJulySeptNove

RWF to TOP 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 0.0018, compared to 0.0018 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0018
H2 Avg (Jul–Dec) 0.0018

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0001 TOP (High: 0.0018 / Low: 0.0018). On the other end, November was the most stable month, with a tight range of 0.0000 TOP (High: 0.0018 / Low: 0.0017).

August Spread (Volatile) ±0.0001
November Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0019) against the same month in 2023 (average: 0.0022), the exchange rate shifted by -0.0003 (-13.71%).

2024 Avg (February) 0.0019
2023 Avg (February) 0.0022

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0019 0.0018 0.0019
February 0.0019 0.0018 0.0019
March 0.0019 0.0018 0.0018
April 0.0019 0.0018 0.0018
May 0.0019 0.0018 0.0018
June 0.0018 0.0018 0.0018
July 0.0018 0.0018 0.0018
August 0.0018 0.0018 0.0018
September 0.0018 0.0017 0.0017
October 0.0018 0.0017 0.0017
November 0.0018 0.0017 0.0017
December 0.0018 0.0017 0.0017