YEARLY HIGH
0.8307 RWF
YEARLY LOW
0.6756 RWF
YEARLY AVERAGE
0.7999 RWF

2020 IQD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the IQD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 0.8307. Conversely, the yearly low was recorded on December 24, dropping to 0.6756.

This high-to-low spread represents a total annual volatility of 0.1551 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7915 to the December average rate of 0.7891, the exchange rate registered a net change of -0.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.8307 was up 4.48% compared to the 2019 peak of 0.7951, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 IQD based on timing:

Yearly Peak High 4,153 RWF
2019 Average 3,826 RWF
Yearly Trough Low 3,378 RWF
Transaction Impact: A difference of 775.42 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.8293
0.7854
JanuMarcMayJulySeptNove

IQD 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 0.7923, compared to 0.8076 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0154 points.

H1 Avg (Jan–Jun) 0.7923
H2 Avg (Jul–Dec) 0.8076

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.1550 RWF (High: 0.8306 / Low: 0.6756). On the other end, July was the most stable month, with a tight range of 0.0071 RWF (High: 0.8025 / Low: 0.7954).

December Spread (Volatile) ±0.1550
July Spread (Stable) ±0.0071

Growth Streaks & Declines

Trends

Between May and November, 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 November and December, when the average rate fell by 0.0365 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0365

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.8256) against the same month in 2019 (average: 0.7805), the exchange rate shifted by +0.0451 (+5.78%).

2020 Avg (November) 0.8256
2019 Avg (November) 0.7805

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7960 0.7851 0.7915
February 0.7981 0.7815 0.7901
March 0.7983 0.7854 0.7931
April 0.8003 0.7854 0.7921
May 0.8010 0.7847 0.7897
June 0.8022 0.7857 0.7971
July 0.8025 0.7954 0.8003
August 0.8101 0.7983 0.8065
September 0.8127 0.7970 0.8076
October 0.8202 0.8011 0.8166
November 0.8307 0.8184 0.8256
December 0.8306 0.6756 0.7891