YEARLY HIGH
0.0317 UAH
YEARLY LOW
0.0291 UAH
YEARLY AVERAGE
0.0305 UAH

2024 RWF to UAH Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to UAH exchange rate experienced significant fluctuation. The market reached its absolute peak on July 21, valuing the pair at 0.0317. Conversely, the yearly low was recorded on January 22, dropping to 0.0291.

This high-to-low spread represents a total annual volatility of 0.0026 UAH. From a start-to-finish perspective, comparing the January average rate of 0.0298 to the December average rate of 0.0302, the exchange rate registered a net change of 1.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0317 was down 7.92% compared to the 2023 peak of 0.0344, 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 158 UAH
2023 Average 159 UAH
Yearly Trough Low 145 UAH
Transaction Impact: A difference of 12.85 UAH purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0314
0.0296
JanuMarcMayJulySeptNove

RWF to UAH 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 0.0303, compared to 0.0307 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0303
H2 Avg (Jul–Dec) 0.0307

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0012 UAH (High: 0.0310 / Low: 0.0299). On the other end, June was the most stable month, with a tight range of 0.0005 UAH (High: 0.0312 / Low: 0.0307).

December Spread (Volatile) ±0.0012
June Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0004 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2024: 0.0312) against the same month in 2023 (average: 0.0315), the exchange rate shifted by -0.0003 (-0.99%).

2024 Avg (July) 0.0312
2023 Avg (July) 0.0315

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0302 0.0291 0.0298
February 0.0303 0.0294 0.0298
March 0.0305 0.0296 0.0302
April 0.0309 0.0302 0.0305
May 0.0312 0.0303 0.0306
June 0.0312 0.0307 0.0310
July 0.0317 0.0308 0.0312
August 0.0314 0.0307 0.0311
September 0.0310 0.0303 0.0307
October 0.0310 0.0302 0.0305
November 0.0305 0.0300 0.0302
December 0.0310 0.0299 0.0302