2019 CVE to RWF Historical Review

YEARLY HIGH

9.5564 RWF

YEARLY LOW

8.9522 RWF

YEARLY AVERAGE

9.2255 RWF

2019 CVE to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the CVE to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 9.5564. Conversely, the yearly low was recorded on March 9, dropping to 8.9522.

This high-to-low spread represents a total annual volatility of 0.6042 RWF. From a start-to-finish perspective, comparing the January average rate of 9.1877 to the December average rate of 9.3705, the exchange rate registered a net change of 1.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 9.5564 was down 1.87% compared to the 2018 peak of 9.7382, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 47,782 RWF

2018 Average 46,375 RWF

Yearly Trough Low 44,761 RWF

Transaction Impact: A difference of 3,020.98 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

9.3913

9.1410

JanuMarcMayJulySeptNove

CVE 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 9.1852, compared to 9.2658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0806 points.

H1 Avg (Jan–Jun) 9.1852

H2 Avg (Jul–Dec) 9.2658

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.3722 RWF (High: 9.5564 / Low: 9.1842). On the other end, May was the most stable month, with a tight range of 0.1142 RWF (High: 9.2321 / Low: 9.1180).

December Spread (Volatile) ±0.3722

May Spread (Stable) ±0.1142

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.0632 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 9.3705) against the same month in 2018 (average: 9.0869), the exchange rate shifted by +0.2836 (+3.12%).

2019 Avg (December) 9.3705

2018 Avg (December) 9.0869

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	9.3082	8.9880	9.1877
February	9.2779	9.0488	9.1618
March	9.2693	8.9522	9.1648
April	9.2552	9.0942	9.1746
May	9.2321	9.1180	9.1623
June	9.3721	9.1256	9.2598
July	9.3947	9.2006	9.2894
August	9.3362	9.0598	9.2262
September	9.2458	9.1268	9.1879
October	9.3275	9.1392	9.2363
November	9.3400	9.2159	9.2843
December	9.5564	9.1842	9.3705