2019 GEL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 GEL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the GEL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 18, valuing the pair at 340.7459. Conversely, the yearly low was recorded on August 25, dropping to 308.7736.
This high-to-low spread represents a total annual volatility of 31.9722 RWF. From a start-to-finish perspective, comparing the January average rate of 334.0205 to the December average rate of 323.2638, the exchange rate registered a net change of -3.22% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 340.7459 was down 6.11% compared to the 2018 peak of 362.9340, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
GEL to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 332.8753, compared to 315.3144 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.5609 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 21.5039 RWF (High: 331.9946 / Low: 310.4907). On the other end, April was the most stable month, with a tight range of 2.8068 RWF (High: 336.6513 / Low: 333.8444).
Growth Streaks & Declines
TrendsBetween 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 June and July, when the average rate fell by 8.8136 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2019: 336.3531) against the same month in 2018 (average: 347.0097), the exchange rate shifted by -10.6566 (-3.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 338.9931 | 327.7154 | 334.0205 |
| February | 340.7459 | 332.2967 | 336.3531 |
| March | 337.0000 | 328.3582 | 334.2868 |
| April | 336.6513 | 333.8444 | 335.2847 |
| May | 334.9353 | 322.6381 | 329.4197 |
| June | 333.7212 | 318.6299 | 327.8871 |
| July | 326.4758 | 308.8267 | 319.0734 |
| August | 315.3871 | 308.7736 | 312.7215 |
| September | 313.0373 | 308.9172 | 311.4059 |
| October | 314.9583 | 308.9744 | 312.0244 |
| November | 315.2549 | 310.5650 | 313.3973 |
| December | 331.9946 | 310.4907 | 323.2638 |