2020 BMD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BMD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 991.1647. Conversely, the yearly low was recorded on February 15, dropping to 930.0000.
This high-to-low spread represents a total annual volatility of 61.1647 RWF. From a start-to-finish perspective, comparing the January average rate of 943.5164 to the December average rate of 987.6299, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 991.1647 was up 4.57% compared to the 2019 peak of 947.8447, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BMD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BMD 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 943.7540, compared to 970.5372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 26.7831 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 26.5853 RWF (High: 981.5853 / Low: 955.0000). On the other end, July was the most stable month, with a tight range of 8.4504 RWF (High: 956.7464 / Low: 948.2960).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 3.3057 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 987.6299) against the same month in 2019 (average: 934.5194), the exchange rate shifted by +53.1105 (+5.68%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 952.9494 | 935.0000 | 943.5164 |
| February | 951.3743 | 930.0000 | 941.4273 |
| March | 957.5858 | 935.0000 | 944.6938 |
| April | 952.8164 | 935.0000 | 943.4166 |
| May | 953.7661 | 933.5888 | 940.1109 |
| June | 954.5736 | 935.0000 | 949.3592 |
| July | 956.7464 | 948.2960 | 953.8436 |
| August | 966.9734 | 950.0000 | 962.2610 |
| September | 969.4923 | 951.0000 | 962.5342 |
| October | 981.5853 | 955.0000 | 973.2059 |
| November | 988.8819 | 975.0000 | 983.7485 |
| December | 991.1647 | 982.5000 | 987.6299 |