2024 UAH to RWF Historical Review

YEARLY HIGH

34.3685 RWF

YEARLY LOW

31.5787 RWF

YEARLY AVERAGE

32.8111 RWF

2024 UAH to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the UAH to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 22, valuing the pair at 34.3685. Conversely, the yearly low was recorded on July 21, dropping to 31.5787.

This high-to-low spread represents a total annual volatility of 2.7898 RWF. From a start-to-finish perspective, comparing the January average rate of 33.5791 to the December average rate of 33.1147, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 34.3685 was down 0.18% compared to the 2023 peak of 34.4320, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 171,843 RWF

2023 Average 157,424 RWF

Yearly Trough Low 157,893 RWF

Transaction Impact: A difference of 13,949.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

33.7344

31.8706

JanuMarcMayJulySeptNove

UAH 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 33.0073, compared to 32.6149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3923 points.

H1 Avg (Jan–Jun) 33.0073

H2 Avg (Jul–Dec) 32.6149

Volatility Range Comparison

Volatility

The most volatile month in 2024 was January, with a trading range of 1.3049 RWF (High: 34.3685 / Low: 33.0636). On the other end, June was the most stable month, with a tight range of 0.5671 RWF (High: 32.5838 / Low: 32.0167).

January Spread (Volatile) ±1.3049

June Spread (Stable) ±0.5671

Growth Streaks & Declines

Trends

Between July and December, 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 February and March, when the average rate fell by 0.4177 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4177

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2024: 33.5791) against the same month in 2023 (average: 29.2366), the exchange rate shifted by +4.3425 (+14.85%).

2024 Avg (January) 33.5791

2023 Avg (January) 29.2366

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.3685	33.0636	33.5791
February	34.0325	33.0000	33.5770
March	33.7851	32.7689	33.1594
April	33.1351	32.3498	32.7540
May	33.0199	32.0610	32.6649
June	32.5838	32.0167	32.3091
July	32.5184	31.5787	32.0259
August	32.5863	31.8117	32.1474
September	33.0175	32.2175	32.5429
October	33.1497	32.3014	32.7866
November	33.3540	32.7554	33.0721
December	33.4873	32.2236	33.1147