2024 SBD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SBD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SBD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 166.2982. Conversely, the yearly low was recorded on March 12, dropping to 146.8469.
This high-to-low spread represents a total annual volatility of 19.4512 RWF. From a start-to-finish perspective, comparing the January average rate of 150.8977 to the December average rate of 165.0946, the exchange rate registered a net change of 9.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 166.2982 was up 11.01% compared to the 2023 peak of 149.8071, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SBD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SBD to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 152.1870, compared to 160.7217 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.5347 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was March, with a trading range of 6.3547 RWF (High: 153.2017 / Low: 146.8469). On the other end, November was the most stable month, with a tight range of 1.9721 RWF (High: 164.8859 / Low: 162.9138).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2024: 165.0946) against the same month in 2023 (average: 148.2703), the exchange rate shifted by +16.8244 (+11.35%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 153.4952 | 149.2918 | 150.8977 |
| February | 152.5689 | 149.7848 | 150.8981 |
| March | 153.2017 | 146.8469 | 151.6318 |
| April | 153.6995 | 151.0388 | 152.1091 |
| May | 155.0459 | 151.9785 | 152.9696 |
| June | 156.4747 | 152.8386 | 154.6155 |
| July | 157.0550 | 154.5856 | 155.4204 |
| August | 159.0923 | 153.7262 | 156.1296 |
| September | 163.3356 | 157.1011 | 161.0263 |
| October | 164.7149 | 160.8067 | 162.8909 |
| November | 164.8859 | 162.9138 | 163.7682 |
| December | 166.2982 | 161.3371 | 165.0946 |