2019 HKD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 HKD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the HKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 121.7237. Conversely, the yearly low was recorded on January 5, dropping to 111.6848.
This high-to-low spread represents a total annual volatility of 10.0389 RWF. From a start-to-finish perspective, comparing the January average rate of 113.4362 to the December average rate of 119.7399, 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 121.7237 was up 6.39% compared to the 2018 peak of 114.4157, indicating shifts in long-term support levels.
Comparing the value generated converting 25,000 HKD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
HKD to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 114.6670, compared to 117.9794 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.3124 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 4.5350 RWF (High: 121.7237 / Low: 117.1887). On the other end, May was the most stable month, with a tight range of 0.8524 RWF (High: 116.0300 / Low: 115.1776).
Growth Streaks & Declines
TrendsBetween 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 0.2451 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 119.7399) against the same month in 2018 (average: 112.8780), the exchange rate shifted by +6.8618 (+6.08%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 114.7049 | 111.6848 | 113.4362 |
| February | 114.5546 | 112.7539 | 113.6838 |
| March | 115.0554 | 112.1069 | 114.2116 |
| April | 115.6818 | 114.6465 | 115.1732 |
| May | 116.0300 | 115.1776 | 115.4587 |
| June | 116.7833 | 114.1040 | 116.0385 |
| July | 117.3792 | 116.4173 | 117.0295 |
| August | 117.3133 | 115.2188 | 116.7844 |
| September | 118.0588 | 116.6298 | 117.6412 |
| October | 118.3397 | 117.1233 | 117.8931 |
| November | 119.3825 | 117.0946 | 118.7886 |
| December | 121.7237 | 117.1887 | 119.7399 |