2024 RWF to TRY Historical Review

YEARLY HIGH

0.0259 TRY

YEARLY LOW

0.0234 TRY

YEARLY AVERAGE

0.0249 TRY

2024 RWF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0259. Conversely, the yearly low was recorded on January 1, dropping to 0.0234.

This high-to-low spread represents a total annual volatility of 0.0025 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0237 to the December average rate of 0.0253, the exchange rate registered a net change of 6.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0259 was up 10.64% compared to the 2023 peak of 0.0234, 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 130 TRY

2023 Average 102 TRY

Yearly Trough Low 117 TRY

Transaction Impact: A difference of 12.55 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0256

0.0235

JanuMarcMayJulySeptNove

RWF to TRY 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 0.0246, compared to 0.0253 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0246

H2 Avg (Jul–Dec) 0.0253

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0009 TRY (High: 0.0259 / Low: 0.0250). On the other end, November was the most stable month, with a tight range of 0.0004 TRY (High: 0.0254 / Low: 0.0250).

December Spread (Volatile) ±0.0009

November Spread (Stable) ±0.0004

Growth Streaks & Declines

Trends

Between January and April, 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 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0253) against the same month in 2023 (average: 0.0232), the exchange rate shifted by +0.0021 (+9.04%).

2024 Avg (December) 0.0253

2023 Avg (December) 0.0232

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0239	0.0234	0.0237
February	0.0245	0.0238	0.0242
March	0.0252	0.0244	0.0250
April	0.0253	0.0248	0.0251
May	0.0251	0.0245	0.0249
June	0.0252	0.0246	0.0249
July	0.0253	0.0247	0.0251
August	0.0259	0.0252	0.0255
September	0.0256	0.0250	0.0254
October	0.0256	0.0251	0.0253
November	0.0254	0.0250	0.0252
December	0.0259	0.0250	0.0253