YEARLY HIGH
749.9360 RWF
YEARLY LOW
648.1280 RWF
YEARLY AVERAGE
694.3715 RWF

2020 BND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the BND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 749.9360. Conversely, the yearly low was recorded on March 23, dropping to 648.1280.

This high-to-low spread represents a total annual volatility of 101.8080 RWF. From a start-to-finish perspective, comparing the January average rate of 698.4592 to the December average rate of 741.2411, the exchange rate registered a net change of 6.13% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 749.9360 was up 7.15% compared to the 2019 peak of 699.8632, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,749,680 RWF
2019 Average 3,323,327 RWF
Yearly Trough Low 3,240,640 RWF
Transaction Impact: A difference of 509,040.13 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

749.1259
654.5079
JanuMarcMayJulySeptNove

BND 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 675.1328, compared to 713.6101 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.4773 points.

H1 Avg (Jan–Jun) 675.1328
H2 Avg (Jul–Dec) 713.6101

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 37.6888 RWF (High: 685.8167 / Low: 648.1280). On the other end, December was the most stable month, with a tight range of 13.0805 RWF (High: 749.9360 / Low: 736.8555).

March Spread (Volatile) ±37.6888
December Spread (Stable) ±13.0805

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 20.7341 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -20.7341

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 741.2411) against the same month in 2019 (average: 688.9162), the exchange rate shifted by +52.3248 (+7.60%).

2020 Avg (December) 741.2411
2019 Avg (December) 688.9162

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 704.8932 686.6075 698.4592
February 695.5945 667.3585 677.7251
March 685.8167 648.1280 667.3996
April 670.8710 652.8797 662.3927
May 670.5982 657.1840 663.4187
June 688.7294 667.0667 681.4016
July 695.2301 680.1287 686.9669
August 710.9541 692.8147 702.6184
September 712.4138 693.7707 704.8846
October 720.8106 700.0353 715.8976
November 739.4709 714.4671 730.0520
December 749.9360 736.8555 741.2411