2019 GHS to RWF Historical Review

YEARLY HIGH

185.1659 RWF

YEARLY LOW

62.2418 RWF

YEARLY AVERAGE

169.8530 RWF

2019 GHS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GHS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 185.1659. Conversely, the yearly low was recorded on May 19, dropping to 62.2418.

This high-to-low spread represents a total annual volatility of 122.9241 RWF. From a start-to-finish perspective, comparing the January average rate of 181.5172 to the December average rate of 164.0089, the exchange rate registered a net change of -9.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 185.1659 was down 5.50% compared to the 2018 peak of 195.9519, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 925,829 RWF

2018 Average 928,317 RWF

Yearly Trough Low 311,209 RWF

Transaction Impact: A difference of 614,620.28 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

183.2681

162.2581

JanuMarcMayJulySeptNove

GHS 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 171.7181, compared to 167.9879 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.7302 points.

H1 Avg (Jan–Jun) 171.7181

H2 Avg (Jul–Dec) 167.9879

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 114.2840 RWF (High: 176.5259 / Low: 62.2418). On the other end, August was the most stable month, with a tight range of 2.3249 RWF (High: 170.2219 / Low: 167.8970).

May Spread (Volatile) ±114.2840

August Spread (Stable) ±2.3249

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 January and February, when the average rate fell by 11.8417 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -11.8417

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 181.5172) against the same month in 2018 (average: 187.9848), the exchange rate shifted by -6.4675 (-3.44%).

2019 Avg (January) 181.5172

2018 Avg (January) 187.9848

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	185.1659	178.7249	181.5172
February	179.5931	161.8265	169.6756
March	176.7500	158.8448	165.5217
April	177.7115	166.5338	174.4958
May	176.5259	62.2418	170.7542
June	169.3992	166.4196	168.3440
July	171.2155	168.5581	169.6325
August	170.2219	167.8970	168.8405
September	170.5089	167.4249	168.1277
October	171.6408	166.9826	169.5712
November	169.4647	165.8778	167.7463
December	166.6001	161.5594	164.0089