2020 HKD to RWF Historical Review

YEARLY HIGH

127.8328 RWF

YEARLY LOW

119.7335 RWF

YEARLY AVERAGE

123.4009 RWF

2020 HKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the HKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 127.8328. Conversely, the yearly low was recorded on February 15, dropping to 119.7335.

This high-to-low spread represents a total annual volatility of 8.0993 RWF. From a start-to-finish perspective, comparing the January average rate of 121.3779 to the December average rate of 127.3991, the exchange rate registered a net change of 4.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 127.8328 was up 5.02% compared to the 2019 peak of 121.7237, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 3,195,821 RWF

2019 Average 2,908,462 RWF

Yearly Trough Low 2,993,337 RWF

Transaction Impact: A difference of 202,483.42 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

128.0307

120.4511

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 121.5927, compared to 125.2091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6165 points.

H1 Avg (Jan–Jun) 121.5927

H2 Avg (Jul–Dec) 125.2091

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 3.4025 RWF (High: 126.6243 / Low: 123.2218). On the other end, December was the most stable month, with a tight range of 1.0644 RWF (High: 127.8328 / Low: 126.7685).

October Spread (Volatile) ±3.4025

December Spread (Stable) ±1.0644

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 0.4659 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.4659

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 127.3991) against the same month in 2019 (average: 119.7399), the exchange rate shifted by +7.6592 (+6.40%).

2020 Avg (December) 127.3991

2019 Avg (December) 119.7399

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	122.2879	120.1913	121.3779
February	122.3407	119.7335	121.0828
March	123.2565	119.9711	121.6583
April	122.9321	120.6031	121.7065
May	122.9934	120.4276	121.2406
June	123.1636	120.6397	122.4900
July	123.4254	122.3582	123.0554
August	124.7657	122.5726	124.1543
September	125.0932	122.7004	124.1938
October	126.6243	123.2218	125.5604
November	127.5745	125.7440	126.8917
December	127.8328	126.7685	127.3991