2020 CAD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 CAD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the CAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 778.7495. Conversely, the yearly low was recorded on March 23, dropping to 650.6413.
This high-to-low spread represents a total annual volatility of 128.1083 RWF. From a start-to-finish perspective, comparing the January average rate of 721.4379 to the December average rate of 771.0858, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 778.7495 was up 7.42% compared to the 2019 peak of 724.9350, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
CAD 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 691.9939, compared to 736.8876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 44.8937 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 59.0163 RWF (High: 709.6576 / Low: 650.6413). On the other end, December was the most stable month, with a tight range of 14.4667 RWF (High: 778.7495 / Low: 764.2828).
Growth Streaks & Declines
TrendsBetween 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 February and March, when the average rate fell by 30.4776 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 771.0858) against the same month in 2019 (average: 709.6697), the exchange rate shifted by +61.4161 (+8.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 734.3655 | 708.2099 | 721.4379 |
| February | 717.3919 | 698.0477 | 708.7575 |
| March | 709.6576 | 650.6413 | 678.2799 |
| April | 684.2196 | 659.4056 | 671.2401 |
| May | 687.7071 | 657.2721 | 671.9447 |
| June | 710.1169 | 692.4295 | 700.3033 |
| July | 716.8361 | 698.7683 | 706.0619 |
| August | 741.0349 | 709.7232 | 726.8517 |
| September | 741.3411 | 714.0910 | 728.2791 |
| October | 745.2916 | 717.4787 | 736.8229 |
| November | 761.4543 | 732.0529 | 752.2244 |
| December | 778.7495 | 764.2828 | 771.0858 |