YEARLY HIGH
620.9009 RWF
YEARLY LOW
512.3264 RWF
YEARLY AVERAGE
558.9073 RWF

2020 BGN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 620.9009. Conversely, the yearly low was recorded on March 21, dropping to 512.3264.

This high-to-low spread represents a total annual volatility of 108.5744 RWF. From a start-to-finish perspective, comparing the January average rate of 535.6235 to the December average rate of 614.5666, the exchange rate registered a net change of 14.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 620.9009 was up 14.76% compared to the 2019 peak of 541.0336, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,104,504 RWF
2019 Average 2,608,195 RWF
Yearly Trough Low 2,561,632 RWF
Transaction Impact: A difference of 542,872.19 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

623.6011
515.1876
JanuMarcMayJulySeptNove

BGN 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 531.6943, compared to 586.1204 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 54.4262 points.

H1 Avg (Jan–Jun) 531.6943
H2 Avg (Jul–Dec) 586.1204

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 40.8219 RWF (High: 553.1484 / Low: 512.3264). On the other end, December was the most stable month, with a tight range of 11.9669 RWF (High: 620.9009 / Low: 608.9340).

March Spread (Volatile) ±40.8219
December Spread (Stable) ±11.9669

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 9.9901 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.9901

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 614.5666) against the same month in 2019 (average: 530.9183), the exchange rate shifted by +83.6484 (+15.76%).

2020 Avg (December) 614.5666
2019 Avg (December) 530.9183

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 546.4432 526.8793 535.6235
February 538.5014 515.8119 525.6333
March 553.1484 512.3264 534.0242
April 531.3794 516.6386 524.2221
May 537.1581 515.4304 524.4241
June 554.3064 539.5496 546.2384
July 579.1964 545.0954 558.8493
August 589.7310 572.4823 582.0863
September 588.5799 567.8646 579.8148
October 592.6693 571.9590 585.6399
November 604.6959 580.0530 595.7655
December 620.9009 608.9340 614.5666