2020 ETB to RWF Historical Review

YEARLY HIGH

30.0023 RWF

YEARLY LOW

25.1311 RWF

YEARLY AVERAGE

27.4742 RWF

2020 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 3, valuing the pair at 30.0023. Conversely, the yearly low was recorded on December 30, dropping to 25.1311.

This high-to-low spread represents a total annual volatility of 4.8713 RWF. From a start-to-finish perspective, comparing the January average rate of 29.4312 to the December average rate of 25.5193, the exchange rate registered a net change of -13.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 30.0023 was down 6.12% compared to the 2019 peak of 31.9584, 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 150,012 RWF

2019 Average 156,078 RWF

Yearly Trough Low 125,655 RWF

Transaction Impact: A difference of 24,356.28 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

29.8224

25.1281

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 28.6227, compared to 26.3258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2969 points.

H1 Avg (Jan–Jun) 28.6227

H2 Avg (Jul–Dec) 26.3258

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 1.1726 RWF (High: 28.5022 / Low: 27.3296). On the other end, July was the most stable month, with a tight range of 0.4382 RWF (High: 27.4269 / Low: 26.9886).

May Spread (Volatile) ±1.1726

July Spread (Stable) ±0.4382

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.6869 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.6869

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 29.3311) against the same month in 2019 (average: 31.3333), the exchange rate shifted by -2.0021 (-6.39%).

2020 Avg (February) 29.3311

2019 Avg (February) 31.3333

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	29.7018	29.0824	29.4312
February	30.0023	28.9026	29.3311
March	29.3658	28.5388	28.9721
April	29.1779	28.1225	28.5460
May	28.5022	27.3296	27.8590
June	28.0641	27.1987	27.5967
July	27.4269	26.9886	27.1100
August	27.3116	26.7498	26.9183
September	26.6623	25.9644	26.2731
October	26.4218	25.7683	26.1559
November	26.4468	25.6736	25.9781
December	25.8675	25.1311	25.5193