YEARLY HIGH
127.1345 RWF
YEARLY LOW
119.3054 RWF
YEARLY AVERAGE
123.9403 RWF

2020 GTQ to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GTQ to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 127.1345. Conversely, the yearly low was recorded on March 26, dropping to 119.3054.

This high-to-low spread represents a total annual volatility of 7.8291 RWF. From a start-to-finish perspective, comparing the January average rate of 122.5645 to the December average rate of 126.5359, the exchange rate registered a net change of 3.24% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 127.1345 was up 3.24% compared to the 2019 peak of 123.1461, 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 635,673 RWF
2019 Average 591,985 RWF
Yearly Trough Low 596,527 RWF
Transaction Impact: A difference of 39,145.37 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

126.9767
121.6875
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 122.7470, compared to 125.1335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3866 points.

H1 Avg (Jan–Jun) 122.7470
H2 Avg (Jul–Dec) 125.1335

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 5.2003 RWF (High: 124.5057 / Low: 119.3054). On the other end, July was the most stable month, with a tight range of 1.2210 RWF (High: 124.3776 / Low: 123.1566).

March Spread (Volatile) ±5.2003
July Spread (Stable) ±1.2210

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.8224 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.8224

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 126.5359) against the same month in 2019 (average: 121.5312), the exchange rate shifted by +5.0047 (+4.12%).

2020 Avg (December) 126.5359
2019 Avg (December) 121.5312

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 123.6708 121.1593 122.5645
February 124.4896 121.8820 123.1732
March 124.5057 119.3054 122.8564
April 123.6012 121.1423 122.3807
May 124.0030 121.1350 122.1283
June 124.0278 121.6508 123.3787
July 124.3776 123.1566 123.9146
August 125.5348 123.3534 124.9186
September 125.1450 122.9365 124.0962
October 125.9351 122.6508 125.0609
November 126.9609 125.1449 126.2751
December 127.1345 125.6346 126.5359