YEARLY HIGH
123.1461 RWF
YEARLY LOW
113.1745 RWF
YEARLY AVERAGE
118.3787 RWF

2019 GTQ to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the GTQ to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 123.1461. Conversely, the yearly low was recorded on January 3, dropping to 113.1745.

This high-to-low spread represents a total annual volatility of 9.9716 RWF. From a start-to-finish perspective, comparing the January average rate of 115.1271 to the December average rate of 121.5312, the exchange rate registered a net change of 5.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 123.1461 was up 4.79% compared to the 2018 peak of 117.5223, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 615,731 RWF
2018 Average 577,340 RWF
Yearly Trough Low 565,873 RWF
Transaction Impact: A difference of 49,858.00 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

122.1716
114.4867
JanuMarcMayJulySeptNove

GTQ 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 116.8415, compared to 119.9160 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0745 points.

H1 Avg (Jan–Jun) 116.8415
H2 Avg (Jul–Dec) 119.9160

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 3.8222 RWF (High: 123.1461 / Low: 119.3239). On the other end, September was the most stable month, with a tight range of 0.7060 RWF (High: 120.0477 / Low: 119.3417).

December Spread (Volatile) ±3.8222
September Spread (Stable) ±0.7060

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.5001 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.5001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 121.5312) against the same month in 2018 (average: 114.1734), the exchange rate shifted by +7.3578 (+6.44%).

2019 Avg (December) 121.5312
2018 Avg (December) 114.1734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 116.2865 113.1745 115.1271
February 116.4807 113.8471 115.1802
March 117.6237 114.1809 116.5443
April 118.7764 117.2205 118.1100
May 118.5995 117.3099 118.1652
June 118.4739 116.1769 117.9219
July 119.6629 118.5064 119.0178
August 119.7592 118.6377 119.3759
September 120.0477 119.3417 119.6716
October 119.6731 118.5627 119.1716
November 121.3407 119.0072 120.7279
December 123.1461 119.3239 121.5312