2020 AOA to RWF Historical Review

YEARLY HIGH

1.9761 RWF

YEARLY LOW

1.4644 RWF

YEARLY AVERAGE

1.6687 RWF

2020 AOA to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the AOA to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 1.9761. Conversely, the yearly low was recorded on November 10, dropping to 1.4644.

This high-to-low spread represents a total annual volatility of 0.5117 RWF. From a start-to-finish perspective, comparing the January average rate of 1.9303 to the December average rate of 1.5069, the exchange rate registered a net change of -21.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9761 was down 31.62% compared to the 2019 peak of 2.8900, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,881 RWF

2019 Average 12,763 RWF

Yearly Trough Low 7,322 RWF

Transaction Impact: A difference of 2,558.53 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9746

1.4430

JanuMarcMayJulySeptNove

AOA 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 1.7764, compared to 1.5611 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2153 points.

H1 Avg (Jan–Jun) 1.7764

H2 Avg (Jul–Dec) 1.5611

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.1962 RWF (High: 1.9431 / Low: 1.7469). On the other end, December was the most stable month, with a tight range of 0.0188 RWF (High: 1.5146 / Low: 1.4958).

March Spread (Volatile) ±0.1962

December Spread (Stable) ±0.0188

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1696 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.1696

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 1.9303) against the same month in 2019 (average: 2.8675), the exchange rate shifted by -0.9372 (-32.68%).

2020 Avg (January) 1.9303

2019 Avg (January) 2.8675

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.9761	1.8836	1.9303
February	1.9298	1.8797	1.9036
March	1.9431	1.7469	1.8594
April	1.7621	1.6546	1.6898
May	1.7266	1.6043	1.6651
June	1.6510	1.5621	1.6098
July	1.7294	1.6228	1.6749
August	1.7227	1.6085	1.6425
September	1.5973	1.5345	1.5521
October	1.5346	1.4651	1.5028
November	1.5299	1.4644	1.4873
December	1.5146	1.4958	1.5069