2019 CDF to RWF Historical Review

YEARLY HIGH

0.5622 RWF

YEARLY LOW

0.5344 RWF

YEARLY AVERAGE

0.5514 RWF

2019 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.5622. Conversely, the yearly low was recorded on January 3, dropping to 0.5344.

This high-to-low spread represents a total annual volatility of 0.0279 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5441 to the December average rate of 0.5568, the exchange rate registered a net change of 2.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.5622 was up 1.14% compared to the 2018 peak of 0.5559, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,811 RWF

2018 Average 2,682 RWF

Yearly Trough Low 2,672 RWF

Transaction Impact: A difference of 139.30 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.5605

0.5426

JanuMarcMayJulySeptNove

CDF 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 0.5480, compared to 0.5549 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0069 points.

H1 Avg (Jan–Jun) 0.5480

H2 Avg (Jul–Dec) 0.5549

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 0.0156 RWF (High: 0.5500 / Low: 0.5344). On the other end, September was the most stable month, with a tight range of 0.0033 RWF (High: 0.5555 / Low: 0.5522).

January Spread (Volatile) ±0.0156

September Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0021 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0021

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 0.5568) against the same month in 2018 (average: 0.5431), the exchange rate shifted by +0.0137 (+2.52%).

2019 Avg (December) 0.5568

2018 Avg (December) 0.5431

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5500	0.5344	0.5441
February	0.5487	0.5377	0.5447
March	0.5530	0.5395	0.5478
April	0.5546	0.5500	0.5513
May	0.5538	0.5470	0.5510
June	0.5521	0.5447	0.5490
July	0.5543	0.5482	0.5508
August	0.5555	0.5465	0.5526
September	0.5555	0.5522	0.5539
October	0.5576	0.5524	0.5560
November	0.5612	0.5546	0.5590
December	0.5622	0.5493	0.5568