2024 XAF to RWF Historical Review

YEARLY HIGH

2.3033 RWF

YEARLY LOW

2.0831 RWF

YEARLY AVERAGE

2.1735 RWF

2024 XAF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the XAF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 26, valuing the pair at 2.3033. Conversely, the yearly low was recorded on February 14, dropping to 2.0831.

This high-to-low spread represents a total annual volatility of 0.2202 RWF. From a start-to-finish perspective, comparing the January average rate of 2.1134 to the December average rate of 2.2085, the exchange rate registered a net change of 4.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 2.3033 was up 7.97% compared to the 2023 peak of 2.1334, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,517 RWF

2023 Average 9,558 RWF

Yearly Trough Low 10,416 RWF

Transaction Impact: A difference of 1,101.09 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

2.2922

2.0816

JanuMarcMayJulySeptNove

XAF 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 2.1224, compared to 2.2246 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1023 points.

H1 Avg (Jan–Jun) 2.1224

H2 Avg (Jul–Dec) 2.2246

Volatility Range Comparison

Volatility

The most volatile month in 2024 was August, with a trading range of 0.1164 RWF (High: 2.2781 / Low: 2.1617). On the other end, June was the most stable month, with a tight range of 0.0356 RWF (High: 2.1677 / Low: 2.1321).

August Spread (Volatile) ±0.1164

June Spread (Stable) ±0.0356

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 October and November, when the average rate fell by 0.0294 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0294

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2024: 2.2747) against the same month in 2023 (average: 1.9589), the exchange rate shifted by +0.3157 (+16.12%).

2024 Avg (September) 2.2747

2023 Avg (September) 1.9589

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1371	2.0886	2.1134
February	2.1343	2.0831	2.0991
March	2.1505	2.1080	2.1274
April	2.1344	2.0882	2.1080
May	2.1742	2.1110	2.1397
June	2.1677	2.1321	2.1465
July	2.1948	2.1354	2.1731
August	2.2781	2.1617	2.2250
September	2.3033	2.2421	2.2747
October	2.2845	2.2209	2.2480
November	2.2753	2.1759	2.2186
December	2.2433	2.1342	2.2085