2020 GMD to RWF Historical Review

YEARLY HIGH

19.1529 RWF

YEARLY LOW

18.1377 RWF

YEARLY AVERAGE

18.5936 RWF

2020 GMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 19.1529. Conversely, the yearly low was recorded on June 6, dropping to 18.1377.

This high-to-low spread represents a total annual volatility of 1.0152 RWF. From a start-to-finish perspective, comparing the January average rate of 18.4354 to the December average rate of 19.0815, the exchange rate registered a net change of 3.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.1529 was up 3.76% compared to the 2019 peak of 18.4597, 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 95,765 RWF

2019 Average 90,976 RWF

Yearly Trough Low 90,689 RWF

Transaction Impact: A difference of 5,076.05 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.1590

18.2289

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 18.4402, compared to 18.7470 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3069 points.

H1 Avg (Jan–Jun) 18.4402

H2 Avg (Jul–Dec) 18.7470

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.5101 RWF (High: 18.9642 / Low: 18.4541). On the other end, July was the most stable month, with a tight range of 0.1627 RWF (High: 18.5025 / Low: 18.3398).

October Spread (Volatile) ±0.5101

July Spread (Stable) ±0.1627

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.1926 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.1926

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 19.0815) against the same month in 2019 (average: 18.2054), the exchange rate shifted by +0.8761 (+4.81%).

2020 Avg (December) 19.0815

2019 Avg (December) 18.2054

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	18.5941	18.2439	18.4354
February	18.7021	18.1996	18.4487
March	18.7983	18.3208	18.5515
April	18.7089	18.3333	18.4990
May	18.5377	18.1677	18.3064
June	18.5151	18.1377	18.3998
July	18.5025	18.3398	18.4302
August	18.6674	18.3150	18.5709
September	18.7486	18.3520	18.5936
October	18.9642	18.4541	18.8034
November	19.1048	18.8224	19.0026
December	19.1529	18.9855	19.0815