YEARLY HIGH
0.4800 XAF
YEARLY LOW
0.4342 XAF
YEARLY AVERAGE
0.4604 XAF

2024 RWF to XAF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the RWF to XAF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 0.4800. Conversely, the yearly low was recorded on September 26, dropping to 0.4342.

This high-to-low spread represents a total annual volatility of 0.0459 XAF. From a start-to-finish perspective, comparing the January average rate of 0.4732 to the December average rate of 0.4528, the exchange rate registered a net change of -4.30% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.4800 was down 17.62% compared to the 2023 peak of 0.5827, 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 2,400 XAF
2023 Average 2,623 XAF
Yearly Trough Low 2,171 XAF
Transaction Impact: A difference of 229.48 XAF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.4801
0.4360
JanuMarcMayJulySeptNove

RWF to XAF 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 0.4712, compared to 0.4496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0216 points.

H1 Avg (Jan–Jun) 0.4712
H2 Avg (Jul–Dec) 0.4496

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.0236 XAF (High: 0.4626 / Low: 0.4390). On the other end, June was the most stable month, with a tight range of 0.0077 XAF (High: 0.4690 / Low: 0.4613).

August Spread (Volatile) ±0.0236
June Spread (Stable) ±0.0077

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0107 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.4764) against the same month in 2023 (average: 0.5642), the exchange rate shifted by -0.0878 (-15.56%).

2024 Avg (February) 0.4764
2023 Avg (February) 0.5642

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4788 0.4679 0.4732
February 0.4800 0.4685 0.4764
March 0.4744 0.4650 0.4701
April 0.4789 0.4685 0.4744
May 0.4737 0.4599 0.4674
June 0.4690 0.4613 0.4659
July 0.4683 0.4556 0.4602
August 0.4626 0.4390 0.4495
September 0.4460 0.4342 0.4397
October 0.4503 0.4377 0.4449
November 0.4596 0.4395 0.4508
December 0.4686 0.4458 0.4528