2024 SYP to RWF Historical Review

YEARLY HIGH

0.5548 RWF

YEARLY LOW

0.1059 RWF

YEARLY AVERAGE

0.5113 RWF

2024 SYP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the SYP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.5548. Conversely, the yearly low was recorded on December 31, dropping to 0.1059.

This high-to-low spread represents a total annual volatility of 0.4489 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5057 to the December average rate of 0.3925, the exchange rate registered a net change of -22.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5548 was up 10.42% compared to the 2023 peak of 0.5025, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,774 RWF

2023 Average 2,305 RWF

Yearly Trough Low 530 RWF

Transaction Impact: A difference of 2,244.60 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5602

0.3773

JanuMarcMayJulySeptNove

SYP 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 0.5125, compared to 0.5100 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0025 points.

H1 Avg (Jan–Jun) 0.5125

H2 Avg (Jul–Dec) 0.5100

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.4489 RWF (High: 0.5548 / Low: 0.1059). On the other end, April was the most stable month, with a tight range of 0.0052 RWF (High: 0.5163 / Low: 0.5111).

December Spread (Volatile) ±0.4489

April Spread (Stable) ±0.0052

Growth Streaks & Declines

Trends

Between January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1525 points.

Longest Streak 10 Mo.

Sharpest MoM Drop -0.1525

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.3925) against the same month in 2023 (average: 0.4991), the exchange rate shifted by -0.1066 (-21.36%).

2024 Avg (December) 0.3925

2023 Avg (December) 0.4991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5117	0.5015	0.5057
February	0.5136	0.5055	0.5077
March	0.5134	0.5067	0.5109
April	0.5163	0.5111	0.5133
May	0.5230	0.5127	0.5166
June	0.5262	0.5164	0.5207
July	0.5262	0.5192	0.5227
August	0.5327	0.5195	0.5269
September	0.5410	0.5300	0.5345
October	0.5434	0.5307	0.5386
November	0.5487	0.5405	0.5450
December	0.5548	0.1059	0.3925