2020 BIF to RWF Historical Review

YEARLY HIGH

0.5108 RWF

YEARLY LOW

0.4890 RWF

YEARLY AVERAGE

0.5000 RWF

2020 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5108. Conversely, the yearly low was recorded on June 6, dropping to 0.4890.

This high-to-low spread represents a total annual volatility of 0.0217 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5006 to the December average rate of 0.5084, the exchange rate registered a net change of 1.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.5108 was up 1.23% compared to the 2019 peak of 0.5046, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,554 RWF

2019 Average 2,474 RWF

Yearly Trough Low 2,445 RWF

Transaction Impact: A difference of 108.70 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5099

0.4925

JanuMarcMayJulySeptNove

BIF 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 0.4980, compared to 0.5020 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.4980

H2 Avg (Jul–Dec) 0.5020

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0144 RWF (High: 0.5037 / Low: 0.4893). On the other end, July was the most stable month, with a tight range of 0.0054 RWF (High: 0.4987 / Low: 0.4933).

May Spread (Volatile) ±0.0144

July Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0036 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0036

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5084) against the same month in 2019 (average: 0.4978), the exchange rate shifted by +0.0106 (+2.14%).

2020 Avg (December) 0.5084

2019 Avg (December) 0.4978

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5064	0.4947	0.5006
February	0.5044	0.4921	0.4986
March	0.5043	0.4938	0.4994
April	0.5040	0.4914	0.4976
May	0.5037	0.4893	0.4939
June	0.5016	0.4890	0.4977
July	0.4987	0.4933	0.4957
August	0.5010	0.4930	0.4990
September	0.5021	0.4912	0.4983
October	0.5068	0.4941	0.5030
November	0.5103	0.5026	0.5073
December	0.5108	0.5046	0.5084