2020 AFN to RWF Historical Review

YEARLY HIGH

12.8530 RWF

YEARLY LOW

12.0388 RWF

YEARLY AVERAGE

12.4556 RWF

2020 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 12.8530. Conversely, the yearly low was recorded on February 15, dropping to 12.0388.

This high-to-low spread represents a total annual volatility of 0.8142 RWF. From a start-to-finish perspective, comparing the January average rate of 12.2208 to the December average rate of 12.8148, the exchange rate registered a net change of 4.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 12.8530 was up 6.02% compared to the 2019 peak of 12.1227, 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 64,265 RWF

2019 Average 58,527 RWF

Yearly Trough Low 60,194 RWF

Transaction Impact: A difference of 4,070.77 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

12.8742

12.1614

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 12.3034, compared to 12.6078 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3044 points.

H1 Avg (Jan–Jun) 12.3034

H2 Avg (Jul–Dec) 12.6078

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.4315 RWF (High: 12.4703 / Low: 12.0388). On the other end, December was the most stable month, with a tight range of 0.0817 RWF (High: 12.8498 / Low: 12.7680).

February Spread (Volatile) ±0.4315

December Spread (Stable) ±0.0817

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 0.0936 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0936

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 12.7802) against the same month in 2019 (average: 11.8733), the exchange rate shifted by +0.9069 (+7.64%).

2020 Avg (November) 12.7802

2019 Avg (November) 11.8733

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3949	12.0859	12.2208
February	12.4703	12.0388	12.2385
March	12.5887	12.1991	12.3959
April	12.5490	12.2382	12.3860
May	12.4365	12.1904	12.2924
June	12.3858	12.0879	12.2866
July	12.4511	12.2790	12.3763
August	12.5580	12.3409	12.4851
September	12.6149	12.3748	12.5281
October	12.7673	12.4228	12.6624
November	12.8530	12.6623	12.7802
December	12.8498	12.7680	12.8148