YEARLY HIGH
340.7459 RWF
YEARLY LOW
308.7736 RWF
YEARLY AVERAGE
324.0948 RWF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,703,729 RWF
2018 Average 1,748,728 RWF
Yearly Trough Low 1,543,868 RWF
Transaction Impact: A difference of 159,861.19 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

338.8478
308.9112
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 332.8753
H2 Avg (Jul–Dec) 315.3144

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±21.5039
April Spread (Stable) ±2.8068

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 June and July, when the average rate fell by 8.8136 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -8.8136

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (February) 336.3531
2018 Avg (February) 347.0097

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