YEARLY HIGH
1394.1708 RWF
YEARLY LOW
1259.9361 RWF
YEARLY AVERAGE
1317.6339 RWF

2024 BMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the BMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 24, valuing the pair at 1394.1708. Conversely, the yearly low was recorded on January 7, dropping to 1259.9361.

This high-to-low spread represents a total annual volatility of 134.2347 RWF. From a start-to-finish perspective, comparing the January average rate of 1270.6562 to the December average rate of 1383.3705, 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 1394.1708 was up 10.43% compared to the 2023 peak of 1262.5000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,970,854 RWF
2023 Average 5,792,084 RWF
Yearly Trough Low 6,299,680 RWF
Transaction Impact: A difference of 671,173.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

1394.6420
1259.3848
JanuMarcMayJulySeptNove

BMD 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 1287.6420, compared to 1347.6257 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 59.9836 points.

H1 Avg (Jan–Jun) 1287.6420
H2 Avg (Jul–Dec) 1347.6257

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 41.5914 RWF (High: 1394.1708 / Low: 1352.5794). On the other end, April was the most stable month, with a tight range of 13.1806 RWF (High: 1297.2500 / Low: 1284.0694).

December Spread (Volatile) ±41.5914
April Spread (Stable) ±13.1806

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: 1383.3705) against the same month in 2023 (average: 1253.9773), the exchange rate shifted by +129.3933 (+10.32%).

2024 Avg (December) 1383.3705
2023 Avg (December) 1253.9773

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1285.6444 1259.9361 1270.6562
February 1290.3248 1270.1347 1275.5643
March 1289.9702 1273.0000 1283.6586
April 1297.2500 1284.0694 1289.7090
May 1314.0430 1288.1618 1297.9582
June 1322.0000 1297.5353 1308.3059
July 1322.1638 1304.6127 1313.2202
August 1338.4639 1305.1880 1323.8238
September 1359.3671 1331.5803 1342.9655
October 1365.3531 1333.5000 1353.1655
November 1378.5636 1357.9651 1369.2086
December 1394.1708 1352.5794 1383.3705