2024 SEK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 SEK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the SEK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 24, valuing the pair at 133.5816. Conversely, the yearly low was recorded on April 30, dropping to 117.3515.
This high-to-low spread represents a total annual volatility of 16.2302 RWF. From a start-to-finish perspective, comparing the January average rate of 122.8204 to the December average rate of 125.8237, the exchange rate registered a net change of 2.45% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2024 high of 133.5816 was up 5.42% compared to the 2023 peak of 126.7162, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SEK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
SEK 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 122.1080, compared to 127.1794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.0714 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was August, with a trading range of 9.1977 RWF (High: 131.6786 / Low: 122.4809). On the other end, June was the most stable month, with a tight range of 3.4051 RWF (High: 126.3098 / Low: 122.9047).
Growth Streaks & Declines
TrendsBetween April and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 3.9479 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (September 2024: 131.3877) against the same month in 2023 (average: 108.4939), the exchange rate shifted by +22.8938 (+21.10%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 125.3151 | 121.4811 | 122.8204 |
| February | 125.5113 | 119.9726 | 122.2379 |
| March | 125.9469 | 120.2614 | 123.1375 |
| April | 122.1920 | 117.3515 | 119.1896 |
| May | 123.5506 | 118.2925 | 120.7693 |
| June | 126.3098 | 122.9047 | 124.4933 |
| July | 127.3108 | 121.2175 | 123.5202 |
| August | 131.6786 | 122.4809 | 127.3951 |
| September | 133.5816 | 128.4030 | 131.3877 |
| October | 132.1806 | 127.4513 | 129.1745 |
| November | 128.8245 | 124.0025 | 125.7749 |
| December | 127.7443 | 121.4766 | 125.8237 |