2019 RWF āĻĨā§āĻā§ STD-āĻāϰ āĻāϤāĻŋāĻšāĻžāϏāĻŋāĻ āĻĒāϰā§āϝāĻžāϞā§āĻāύāĻž
2019 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŦāĻŋāύāĻŋāĻŽāϝāĻŧ āĻšāĻžāϰā§āϰ āĻāϰā§āĻŽāĻā§āώāĻŽāϤāĻžāϰ āĻāĻāĻāĻŋ āĻŦāĻŋāĻļāĻĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖāĨ¤
2019 RWF to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 24.0578. Conversely, the yearly low was recorded on December 23, dropping to 22.7472.
This high-to-low spread represents a total annual volatility of 1.3107 STD. From a start-to-finish perspective, comparing the January average rate of 23.6673 to the December average rate of 23.0734, the exchange rate registered a net change of -2.51% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 24.0578 was down 2.18% compared to the 2018 peak of 24.5928, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
āĻĒā§āϰāĻŦāĻŖāϤāĻžāϰ āĻāĻŋāϤā§āϰāĻžāϝāĻŧāύ
2019 āϏāĻžāϞ āĻā§āĻĄāĻŧā§ āĻŽāĻžāϏāĻŋāĻ āĻāĻĄāĻŧ āĻāĻ āĻžāύāĻžāĻŽāĻžāĨ¤
RWF to STD 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: JanâJun) was 23.4182, compared to 23.3497 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 0.0685 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.7523 STD (High: 23.4995 / Low: 22.7472). On the other end, May was the most stable month, with a tight range of 0.1709 STD (High: 23.2838 / Low: 23.1129).
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 March and April, when the average rate fell by 0.1846 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 23.6673) against the same month in 2018 (average: 23.6579), the exchange rate shifted by +0.0094 (+0.04%).
āĻŽāĻžāϏāĻŋāĻ āĻŦāĻŋāĻļā§āϞā§āώāĻŖ
āĻĒā§āϰāϤāĻŋāĻāĻŋ āĻā§āϝāĻžāϞā§āύā§āĻĄāĻžāϰ āĻŽāĻžāϏā§āϰ āĻĒāϰāĻŋāϏāĻāĻā§āϝāĻžāύāĻāϤ āϏāĻžāϰāϏāĻāĻā§āώā§āĻĒāĨ¤
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.0578 | 23.3889 | 23.6673 |
| February | 23.7860 | 23.4157 | 23.5959 |
| March | 23.9211 | 23.3077 | 23.4827 |
| April | 23.3896 | 23.2020 | 23.2982 |
| May | 23.2838 | 23.1129 | 23.2316 |
| June | 23.6932 | 23.0653 | 23.2337 |
| July | 23.7116 | 23.5068 | 23.5830 |
| August | 23.8589 | 23.4356 | 23.5450 |
| September | 23.5793 | 23.2984 | 23.3897 |
| October | 23.4813 | 23.2448 | 23.3213 |
| November | 23.4939 | 23.0709 | 23.1860 |
| December | 23.4995 | 22.7472 | 23.0734 |