2020 GEL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 GEL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the GEL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 343.2207. Conversely, the yearly low was recorded on March 25, dropping to 273.4334.
This high-to-low spread represents a total annual volatility of 69.7873 RWF. From a start-to-finish perspective, comparing the January average rate of 327.8710 to the December average rate of 299.8167, the exchange rate registered a net change of -8.56% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 343.2207 was up 0.73% compared to the 2019 peak of 340.7459, 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 2020.
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 312.5092, compared to 303.8148 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.6943 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 69.7873 RWF (High: 343.2207 / Low: 273.4334). On the other end, July was the most stable month, with a tight range of 4.0347 RWF (High: 312.2871 / Low: 308.2524).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 18.8157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2020: 315.2553) against the same month in 2019 (average: 334.2868), the exchange rate shifted by -19.0315 (-5.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 333.1991 | 322.9706 | 327.8710 |
| February | 338.4161 | 324.0418 | 331.1671 |
| March | 343.2207 | 273.4334 | 315.2553 |
| April | 301.7352 | 287.8743 | 296.4397 |
| May | 299.4556 | 290.8376 | 293.5086 |
| June | 321.1906 | 297.6255 | 310.8132 |
| July | 312.2871 | 308.2524 | 310.4241 |
| August | 312.9925 | 307.9417 | 311.3029 |
| September | 314.7269 | 288.6293 | 303.0538 |
| October | 304.9185 | 295.3781 | 301.7723 |
| November | 302.0577 | 286.2147 | 296.5193 |
| December | 302.8936 | 295.4887 | 299.8167 |