2019 GNF to RWF Historical Review

YEARLY HIGH

0.1033 RWF

YEARLY LOW

0.0950 RWF

YEARLY AVERAGE

0.0987 RWF

2019 GNF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GNF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 12, valuing the pair at 0.1033. Conversely, the yearly low was recorded on January 3, dropping to 0.0950.

This high-to-low spread represents a total annual volatility of 0.0083 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0971 to the December average rate of 0.0986, the exchange rate registered a net change of 1.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1033 was up 5.19% compared to the 2018 peak of 0.0982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 516 RWF

2018 Average 480 RWF

Yearly Trough Low 475 RWF

Transaction Impact: A difference of 41.26 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1003

0.0968

JanuMarcMayJulySeptNove

GNF 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 0.0980, compared to 0.0995 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0015 points.

H1 Avg (Jan–Jun) 0.0980

H2 Avg (Jul–Dec) 0.0995

Volatility Range Comparison

Volatility

The most volatile month in 2019 was November, with a trading range of 0.0056 RWF (High: 0.1033 / Low: 0.0977). On the other end, September was the most stable month, with a tight range of 0.0007 RWF (High: 0.1003 / Low: 0.0996).

November Spread (Volatile) ±0.0056

September Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0009 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2019: 0.0995) against the same month in 2018 (average: 0.0971), the exchange rate shifted by +0.0024 (+2.45%).

2019 Avg (November) 0.0995

2018 Avg (November) 0.0971

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0984	0.0950	0.0971
February	0.0986	0.0959	0.0973
March	0.0989	0.0954	0.0976
April	0.0991	0.0976	0.0985
May	0.0995	0.0978	0.0986
June	0.0995	0.0975	0.0989
July	0.1003	0.0988	0.0993
August	0.1001	0.0985	0.0996
September	0.1003	0.0996	0.1000
October	0.1005	0.0992	0.1000
November	0.1033	0.0977	0.0995
December	0.1000	0.0973	0.0986