2019 AFN to RWF Historical Review

YEARLY HIGH

12.1227 RWF

YEARLY LOW

11.1656 RWF

YEARLY AVERAGE

11.7066 RWF

2019 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.1227. Conversely, the yearly low was recorded on June 29, dropping to 11.1656.

This high-to-low spread represents a total annual volatility of 0.9570 RWF. From a start-to-finish perspective, comparing the January average rate of 11.7829 to the December average rate of 11.8973, the exchange rate registered a net change of 0.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 12.1227 was down 12.18% compared to the 2018 peak of 13.8038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 60,613 RWF

2018 Average 60,040 RWF

Yearly Trough Low 55,828 RWF

Transaction Impact: A difference of 4,785.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

11.9691

11.2670

JanuMarcMayJulySeptNove

AFN 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 11.6795, compared to 11.7337 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0542 points.

H1 Avg (Jan–Jun) 11.6795

H2 Avg (Jul–Dec) 11.7337

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4859 RWF (High: 11.6904 / Low: 11.2046). On the other end, September was the most stable month, with a tight range of 0.0823 RWF (High: 11.8111 / Low: 11.7289).

May Spread (Volatile) ±0.4859

September Spread (Stable) ±0.0823

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2199 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.2199

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 11.8973) against the same month in 2018 (average: 11.6804), the exchange rate shifted by +0.2169 (+1.86%).

2019 Avg (December) 11.8973

2018 Avg (December) 11.6804

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.9533	11.6021	11.7829
February	12.0198	11.7707	11.9106
March	11.9947	11.7647	11.8905
April	11.8824	11.6133	11.6936
May	11.6904	11.2046	11.4737
June	11.4626	11.1656	11.3255
July	11.5082	11.2291	11.3810
August	11.8023	11.4302	11.6598
September	11.8111	11.7289	11.7766
October	11.8537	11.7343	11.8139
November	11.9201	11.7479	11.8733
December	12.1227	11.6409	11.8973