2019 ARS to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ARS to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ARS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 24.2330. Conversely, the yearly low was recorded on August 14, dropping to 15.2372.
This high-to-low spread represents a total annual volatility of 8.9958 RWF. From a start-to-finish perspective, comparing the January average rate of 23.8077 to the December average rate of 15.6271, the exchange rate registered a net change of -34.36% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.2330 was down 48.10% compared to the 2018 peak of 46.6890, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ARS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ARS 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 21.8021, compared to 17.1111 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.6910 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was August, with a trading range of 5.4516 RWF (High: 20.6888 / Low: 15.2372). On the other end, November was the most stable month, with a tight range of 0.3055 RWF (High: 15.6910 / Low: 15.3855).
Growth Streaks & Declines
TrendsBetween May and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 3.7779 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 23.8077) against the same month in 2018 (average: 44.9381), the exchange rate shifted by -21.1304 (-47.02%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.2330 | 23.3651 | 23.8077 |
| February | 24.1424 | 22.5363 | 23.2777 |
| March | 22.5576 | 20.5831 | 21.7343 |
| April | 21.7543 | 19.7700 | 20.9886 |
| May | 20.3948 | 20.0075 | 20.2089 |
| June | 21.5000 | 19.9446 | 20.7952 |
| July | 22.0323 | 20.8399 | 21.5599 |
| August | 20.6888 | 15.2372 | 17.7820 |
| September | 16.6377 | 15.4532 | 16.2913 |
| October | 16.0631 | 15.3676 | 15.8199 |
| November | 15.6910 | 15.3855 | 15.5863 |
| December | 15.8326 | 15.3378 | 15.6271 |