2024 TND to RWF Historical Review

YEARLY HIGH

449.3065 RWF

YEARLY LOW

404.7460 RWF

YEARLY AVERAGE

423.5180 RWF

2024 TND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 449.3065. Conversely, the yearly low was recorded on February 14, dropping to 404.7460.

This high-to-low spread represents a total annual volatility of 44.5605 RWF. From a start-to-finish perspective, comparing the January average rate of 409.4783 to the December average rate of 436.7009, the exchange rate registered a net change of 6.65% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 449.3065 was up 9.05% compared to the 2023 peak of 412.0095, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,246,533 RWF

2023 Average 1,866,339 RWF

Yearly Trough Low 2,023,730 RWF

Transaction Impact: A difference of 222,802.65 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

445.1919

404.3681

JanuMarcMayJulySeptNove

TND 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 412.5969, compared to 434.4390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 21.8422 points.

H1 Avg (Jan–Jun) 412.5969

H2 Avg (Jul–Dec) 434.4390

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 18.1349 RWF (High: 444.5330 / Low: 426.3981). On the other end, January was the most stable month, with a tight range of 7.4123 RWF (High: 414.0292 / Low: 406.6169).

December Spread (Volatile) ±18.1349

January Spread (Stable) ±7.4123

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 3.2072 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.2072

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 441.7899) against the same month in 2023 (average: 383.4970), the exchange rate shifted by +58.2929 (+15.20%).

2024 Avg (September) 441.7899

2023 Avg (September) 383.4970

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	414.0292	406.6169	409.4783
February	413.5656	404.7460	407.7700
March	416.5319	408.0000	412.9556
April	415.1700	406.4140	411.1838
May	421.3364	410.5359	415.5060
June	423.3109	415.2207	418.6874
July	426.0648	415.1182	421.8139
August	439.7429	421.7688	431.3204
September	449.3065	436.1947	441.7899
October	444.0612	434.5103	438.5827
November	441.5661	429.6629	436.4265
December	444.5330	426.3981	436.7009