YEARLY HIGH
0.0626 RWF
YEARLY LOW
0.0565 RWF
YEARLY AVERAGE
0.0591 RWF

2024 STD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the STD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 0.0626. Conversely, the yearly low was recorded on January 7, dropping to 0.0565.

This high-to-low spread represents a total annual volatility of 0.0060 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0570 to the December average rate of 0.0621, the exchange rate registered a net change of 8.87% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0626 was up 10.43% compared to the 2023 peak of 0.0567, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 313 RWF
2023 Average 257 RWF
Yearly Trough Low 283 RWF
Transaction Impact: A difference of 30.12 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0626
0.0565
JanuMarcMayJulySeptNove

STD 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 0.0578, compared to 0.0605 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0027 points.

H1 Avg (Jan–Jun) 0.0578
H2 Avg (Jul–Dec) 0.0605

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0019 RWF (High: 0.0626 / Low: 0.0607). On the other end, April was the most stable month, with a tight range of 0.0006 RWF (High: 0.0582 / Low: 0.0576).

December Spread (Volatile) ±0.0019
April Spread (Stable) ±0.0006

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0621) against the same month in 2023 (average: 0.0563), the exchange rate shifted by +0.0058 (+10.32%).

2024 Avg (December) 0.0621
2023 Avg (December) 0.0563

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0577 0.0565 0.0570
February 0.0579 0.0570 0.0572
March 0.0579 0.0571 0.0576
April 0.0582 0.0576 0.0579
May 0.0590 0.0578 0.0583
June 0.0593 0.0582 0.0587
July 0.0593 0.0586 0.0589
August 0.0601 0.0586 0.0594
September 0.0610 0.0598 0.0603
October 0.0613 0.0598 0.0607
November 0.0619 0.0609 0.0614
December 0.0626 0.0607 0.0621