2020 HTG to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 HTG to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the HTG to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 20, valuing the pair at 15.6681. Conversely, the yearly low was recorded on September 5, dropping to 8.4068.
This high-to-low spread represents a total annual volatility of 7.2613 RWF. From a start-to-finish perspective, comparing the January average rate of 9.6071 to the December average rate of 14.1344, the exchange rate registered a net change of 47.13% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 15.6681 was up 35.61% compared to the 2019 peak of 11.5537, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HTG based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
HTG 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 9.4499, compared to 11.8276 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.3777 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was December, with a trading range of 1.4839 RWF (High: 15.0731 / Low: 13.5892). On the other end, July was the most stable month, with a tight range of 0.1636 RWF (High: 8.7341 / Low: 8.5705).
Growth Streaks & Declines
TrendsBetween January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 1.1931 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2020: 15.3401) against the same month in 2019 (average: 9.6218), the exchange rate shifted by +5.7183 (+59.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 9.9739 | 9.4350 | 9.6071 |
| February | 10.6249 | 9.2093 | 9.6527 |
| March | 10.5816 | 9.8604 | 10.0276 |
| April | 10.0442 | 9.5841 | 9.7865 |
| May | 8.9888 | 8.6172 | 8.8423 |
| June | 8.8992 | 8.6563 | 8.7831 |
| July | 8.7341 | 8.5705 | 8.6540 |
| August | 8.6441 | 8.4560 | 8.5969 |
| September | 9.2011 | 8.4068 | 8.9127 |
| October | 15.6681 | 14.3744 | 15.3401 |
| November | 15.5900 | 14.9423 | 15.3275 |
| December | 15.0731 | 13.5892 | 14.1344 |