2024 TZS to RWF Historical Review

YEARLY HIGH

0.5915 RWF

YEARLY LOW

0.4851 RWF

YEARLY AVERAGE

0.5044 RWF

2024 TZS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the TZS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.5915. Conversely, the yearly low was recorded on August 25, dropping to 0.4851.

This high-to-low spread represents a total annual volatility of 0.1064 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5041 to the December average rate of 0.5618, the exchange rate registered a net change of 11.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.5915 was up 17.75% compared to the 2023 peak of 0.5023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,957 RWF

2023 Average 2,390 RWF

Yearly Trough Low 2,426 RWF

Transaction Impact: A difference of 531.79 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.5691

0.4822

JanuMarcMayJulySeptNove

TZS 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 0.5012, compared to 0.5076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0064 points.

H1 Avg (Jan–Jun) 0.5012

H2 Avg (Jul–Dec) 0.5076

Volatility Range Comparison

Volatility

The most volatile month in 2024 was December, with a trading range of 0.0697 RWF (High: 0.5915 / Low: 0.5218). On the other end, April was the most stable month, with a tight range of 0.0055 RWF (High: 0.5020 / Low: 0.4965).

December Spread (Volatile) ±0.0697

April Spread (Stable) ±0.0055

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0075 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0075

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.5618) against the same month in 2023 (average: 0.4991), the exchange rate shifted by +0.0627 (+12.56%).

2024 Avg (December) 0.5618

2023 Avg (December) 0.4991

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5113	0.4994	0.5041
February	0.5061	0.4991	0.5021
March	0.5060	0.4988	0.5028
April	0.5020	0.4965	0.4993
May	0.5058	0.4955	0.5002
June	0.5044	0.4878	0.4990
July	0.4975	0.4865	0.4915
August	0.4953	0.4851	0.4894
September	0.4982	0.4882	0.4927
October	0.5020	0.4900	0.4967
November	0.5223	0.4983	0.5135
December	0.5915	0.5218	0.5618