YEARLY HIGH
0.0008 USD
YEARLY LOW
0.0007 USD
YEARLY AVERAGE
0.0008 USD

2024 RWF to USD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to USD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 7, valuing the pair at 0.0008. Conversely, the yearly low was recorded on December 24, dropping to 0.0007.

This high-to-low spread represents a total annual volatility of 0.0001 USD. From a start-to-finish perspective, comparing the January average rate of 0.0008 to the December average rate of 0.0007, the exchange rate registered a net change of -8.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0008 was down 15.18% compared to the 2023 peak of 0.0009, 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 4 USD
2023 Average 4 USD
Yearly Trough Low 4 USD
Transaction Impact: A difference of 0.38 USD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0008
0.0007
JanuMarcMayJulySeptNove

RWF to USD 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 0.0008, compared to 0.0007 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0008
H2 Avg (Jul–Dec) 0.0007

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0000 USD (High: 0.0007 / Low: 0.0007). On the other end, April was the most stable month, with a tight range of 0.0000 USD (High: 0.0008 / Low: 0.0008).

December Spread (Volatile) ±0.0000
April 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 0 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 0.0008) against the same month in 2023 (average: 0.0009), the exchange rate shifted by -0.0001 (-15.42%).

2024 Avg (January) 0.0008
2023 Avg (January) 0.0009

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0008 0.0008 0.0008
February 0.0008 0.0008 0.0008
March 0.0008 0.0008 0.0008
April 0.0008 0.0008 0.0008
May 0.0008 0.0008 0.0008
June 0.0008 0.0008 0.0008
July 0.0008 0.0008 0.0008
August 0.0008 0.0007 0.0008
September 0.0008 0.0007 0.0007
October 0.0007 0.0007 0.0007
November 0.0007 0.0007 0.0007
December 0.0007 0.0007 0.0007