2020 HRK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HRK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HRK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 161.0633. Conversely, the yearly low was recorded on March 21, dropping to 131.6582.
This high-to-low spread represents a total annual volatility of 29.4051 RWF. From a start-to-finish perspective, comparing the January average rate of 140.7409 to the December average rate of 159.4169, the exchange rate registered a net change of 13.27% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 161.0633 was up 13.32% compared to the 2019 peak of 142.1327, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HRK 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 138.0528, compared to 151.9895 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.9367 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 12.6221 RWF (High: 144.2803 / Low: 131.6582). On the other end, August was the most stable month, with a tight range of 3.1682 RWF (High: 153.2079 / Low: 150.0396).
Growth Streaks & Declines
TrendsBetween April and August, 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 March and April, when the average rate fell by 3.0319 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 159.4169) against the same month in 2019 (average: 139.5326), the exchange rate shifted by +19.8843 (+14.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 143.5371 | 138.5354 | 140.7409 |
| February | 141.5452 | 135.2305 | 137.8830 |
| March | 144.2803 | 131.6582 | 138.0686 |
| April | 136.5651 | 132.8332 | 135.0367 |
| May | 138.3769 | 133.2252 | 135.4294 |
| June | 143.1830 | 138.9850 | 141.1583 |
| July | 151.6260 | 141.1170 | 145.1809 |
| August | 153.2079 | 150.0396 | 151.6377 |
| September | 153.1490 | 147.2759 | 150.4171 |
| October | 152.8706 | 147.9306 | 151.1967 |
| November | 156.5303 | 150.0384 | 154.0880 |
| December | 161.0633 | 157.6262 | 159.4169 |