2019 GMD to RWF Historical Review

YEARLY HIGH

18.4597 RWF

YEARLY LOW

17.6946 RWF

YEARLY AVERAGE

18.1943 RWF

2019 GMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 18.4597. Conversely, the yearly low was recorded on January 3, dropping to 17.6946.

This high-to-low spread represents a total annual volatility of 0.7651 RWF. From a start-to-finish perspective, comparing the January average rate of 17.9687 to the December average rate of 18.2054, the exchange rate registered a net change of 1.32% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 18.4597 was down 0.33% compared to the 2018 peak of 18.5201, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 92,299 RWF

2018 Average 90,335 RWF

Yearly Trough Low 88,473 RWF

Transaction Impact: A difference of 3,825.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.3734

17.9319

JanuMarcMayJulySeptNove

GMD 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 18.1404, compared to 18.2481 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1077 points.

H1 Avg (Jan–Jun) 18.1404

H2 Avg (Jul–Dec) 18.2481

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.5817 RWF (High: 18.4597 / Low: 17.8780). On the other end, May was the most stable month, with a tight range of 0.1390 RWF (High: 18.3189 / Low: 18.1800).

December Spread (Volatile) ±0.5817

May Spread (Stable) ±0.1390

Growth Streaks & Declines

Trends

Between January and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0770 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0770

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 18.2054) against the same month in 2018 (average: 17.8487), the exchange rate shifted by +0.3567 (+2.00%).

2019 Avg (December) 18.2054

2018 Avg (December) 17.8487

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.1824	17.6946	17.9687
February	18.1414	17.8607	18.0075
March	18.2181	17.7724	18.0671
April	18.3306	18.1360	18.2231
May	18.3189	18.1800	18.2571
June	18.4388	18.1761	18.3189
July	18.4535	18.2013	18.3366
August	18.3434	18.0393	18.2596
September	18.4218	18.1185	18.2989
October	18.3570	17.9318	18.2222
November	18.3378	17.9242	18.1662
December	18.4597	17.8780	18.2054