2020 CDF to RWF Historical Review

YEARLY HIGH

0.6630 RWF

YEARLY LOW

0.4776 RWF

YEARLY AVERAGE

0.5192 RWF

2020 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 6, valuing the pair at 0.6630. Conversely, the yearly low was recorded on August 7, dropping to 0.4776.

This high-to-low spread represents a total annual volatility of 0.1853 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5594 to the December average rate of 0.5065, the exchange rate registered a net change of -9.46% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6630 was up 17.91% compared to the 2019 peak of 0.5622, 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 3,315 RWF

2019 Average 2,757 RWF

Yearly Trough Low 2,388 RWF

Transaction Impact: A difference of 926.63 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.5664

0.4832

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 0.5422, compared to 0.4961 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0461 points.

H1 Avg (Jan–Jun) 0.5422

H2 Avg (Jul–Dec) 0.4961

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1642 RWF (High: 0.6630 / Low: 0.4987). On the other end, November was the most stable month, with a tight range of 0.0071 RWF (High: 0.5031 / Low: 0.4959).

December Spread (Volatile) ±0.1642

November Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0226 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0226

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.5065) against the same month in 2019 (average: 0.5568), the exchange rate shifted by -0.0503 (-9.04%).

2020 Avg (December) 0.5065

2019 Avg (December) 0.5568

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5642	0.5546	0.5594
February	0.5636	0.5513	0.5569
March	0.5604	0.5479	0.5542
April	0.5566	0.5432	0.5491
May	0.5422	0.5143	0.5264
June	0.5203	0.4958	0.5072
July	0.4984	0.4845	0.4902
August	0.4956	0.4776	0.4901
September	0.4944	0.4852	0.4904
October	0.5390	0.4860	0.4993
November	0.5031	0.4959	0.5003
December	0.6630	0.4987	0.5065