2024 UYU to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2024.
2024 UYU to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2024
During 2024, the UYU to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 29, valuing the pair at 34.3166. Conversely, the yearly low was recorded on December 18, dropping to 30.3346.
This high-to-low spread represents a total annual volatility of 3.9820 RWF. From a start-to-finish perspective, comparing the January average rate of 32.4385 to the December average rate of 31.4596, the exchange rate registered a net change of -3.02% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2024 high of 34.3166 was up 6.11% compared to the 2023 peak of 32.3399, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 UYU based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2024.
UYU to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 33.1834, compared to 32.4379 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7454 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2024 was December, with a trading range of 1.8136 RWF (High: 32.1482 / Low: 30.3346). On the other end, July was the most stable month, with a tight range of 0.4688 RWF (High: 32.9325 / Low: 32.4637).
Growth Streaks & Declines
TrendsBetween January and May, 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 November and December, when the average rate fell by 0.8716 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2024: 33.3779) against the same month in 2023 (average: 27.9828), the exchange rate shifted by +5.3951 (+19.28%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 32.9342 | 32.0519 | 32.4385 |
| February | 33.0205 | 32.3768 | 32.6025 |
| March | 34.3166 | 32.6346 | 33.3779 |
| April | 34.2564 | 33.0444 | 33.5704 |
| May | 34.1330 | 33.3705 | 33.7256 |
| June | 33.7421 | 33.0009 | 33.3854 |
| July | 32.9325 | 32.4637 | 32.6939 |
| August | 33.2770 | 32.4941 | 32.8235 |
| September | 33.7641 | 31.9547 | 32.7870 |
| October | 33.1683 | 32.0127 | 32.5323 |
| November | 32.9068 | 31.9097 | 32.3312 |
| December | 32.1482 | 30.3346 | 31.4596 |