2019 ETB to RWF Historical Review

YEARLY HIGH

31.9584 RWF

YEARLY LOW

29.2575 RWF

YEARLY AVERAGE

31.2174 RWF

2019 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 31.9584. Conversely, the yearly low was recorded on December 14, dropping to 29.2575.

This high-to-low spread represents a total annual volatility of 2.7009 RWF. From a start-to-finish perspective, comparing the January average rate of 31.3649 to the December average rate of 29.6853, the exchange rate registered a net change of -5.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 31.9584 was down 0.38% compared to the 2018 peak of 32.0816, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 159,792 RWF

2018 Average 156,987 RWF

Yearly Trough Low 146,288 RWF

Transaction Impact: A difference of 13,504.50 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

31.7502

29.4976

JanuMarcMayJulySeptNove

ETB 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 31.3698, compared to 31.0651 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3047 points.

H1 Avg (Jan–Jun) 31.3698

H2 Avg (Jul–Dec) 31.0651

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 1.2081 RWF (High: 31.9584 / Low: 30.7503). On the other end, September was the most stable month, with a tight range of 0.3987 RWF (High: 31.6116 / Low: 31.2129).

January Spread (Volatile) ±1.2081

September Spread (Stable) ±0.3987

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.4002 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -1.4002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 31.3649) against the same month in 2018 (average: 31.0950), the exchange rate shifted by +0.2698 (+0.87%).

2019 Avg (January) 31.3649

2018 Avg (January) 31.0950

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.9584	30.7503	31.3649
February	31.7627	30.9441	31.3333
March	31.7865	30.7048	31.4093
April	31.6788	31.1311	31.3777
May	31.7065	31.0997	31.3679
June	31.7802	31.0139	31.3658
July	31.9399	31.3457	31.5624
August	31.6872	31.0875	31.3972
September	31.6116	31.2129	31.3744
October	31.5911	31.0056	31.2854
November	31.6348	30.4442	31.0855
December	30.4502	29.2575	29.6853