YEARLY HIGH
2.3178 RWF
YEARLY LOW
2.0964 RWF
YEARLY AVERAGE
2.2032 RWF

2024 SDG to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SDG to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 2.3178. Conversely, the yearly low was recorded on January 7, dropping to 2.0964.

This high-to-low spread represents a total annual volatility of 0.2214 RWF. From a start-to-finish perspective, comparing the January average rate of 2.1142 to the December average rate of 2.2999, the exchange rate registered a net change of 8.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3178 was up 2.41% compared to the 2023 peak of 2.2633, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SDG based on timing:

Yearly Peak High 11,589 RWF
2023 Average 9,710 RWF
Yearly Trough Low 10,482 RWF
Transaction Impact: A difference of 1,107.12 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.3184
2.0957
JanuMarcMayJulySeptNove

SDG to RWF 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 2.1617, compared to 2.2446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0829 points.

H1 Avg (Jan–Jun) 2.1617
H2 Avg (Jul–Dec) 2.2446

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.1230 RWF (High: 2.2682 / Low: 2.1451). On the other end, February was the most stable month, with a tight range of 0.0336 RWF (High: 2.1470 / Low: 2.1134).

May Spread (Volatile) ±0.1230
February Spread (Stable) ±0.0336

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0318 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0318

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 2.2999) against the same month in 2023 (average: 2.0865), the exchange rate shifted by +0.2134 (+10.23%).

2024 Avg (December) 2.2999
2023 Avg (December) 2.0865

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1392 2.0964 2.1142
February 2.1470 2.1134 2.1227
March 2.2032 2.1181 2.1624
April 2.2137 2.1430 2.1991
May 2.2682 2.1451 2.1673
June 2.2560 2.1590 2.2047
July 2.2563 2.1707 2.2084
August 2.2252 2.1699 2.2009
September 2.2600 2.2138 2.2327
October 2.2699 2.2170 2.2497
November 2.2919 2.2576 2.2763
December 2.3178 2.2487 2.2999