2020 BZD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 BZD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the BZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 19, valuing the pair at 492.7082. Conversely, the yearly low was recorded on February 15, dropping to 461.3537.
This high-to-low spread represents a total annual volatility of 31.3545 RWF. From a start-to-finish perspective, comparing the January average rate of 468.0937 to the December average rate of 489.9276, the exchange rate registered a net change of 4.66% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 492.7082 was up 4.77% compared to the 2019 peak of 470.2884, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
BZD 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 468.5154, compared to 481.6010 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.0856 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 13.8543 RWF (High: 487.5480 / Low: 473.6936). On the other end, December was the most stable month, with a tight range of 4.2399 RWF (High: 491.6384 / Low: 487.3986).
Growth Streaks & Declines
TrendsBetween May and August, 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 2.3559 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2020: 488.1311) against the same month in 2019 (average: 461.4580), the exchange rate shifted by +26.6731 (+5.78%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 470.9369 | 463.7223 | 468.0937 |
| February | 471.8468 | 461.3537 | 467.0353 |
| March | 475.6681 | 463.5830 | 469.5475 |
| April | 476.1948 | 464.9917 | 468.8875 |
| May | 473.0762 | 463.1846 | 466.5316 |
| June | 473.5547 | 463.7929 | 470.9969 |
| July | 474.8487 | 470.4545 | 473.3085 |
| August | 482.2449 | 471.2129 | 477.8551 |
| September | 481.0985 | 471.9957 | 477.5208 |
| October | 487.5480 | 473.6936 | 482.8628 |
| November | 492.7082 | 483.9771 | 488.1311 |
| December | 491.6384 | 487.3986 | 489.9276 |