YEARLY HIGH
1336.8754 RWF
YEARLY LOW
1231.8635 RWF
YEARLY AVERAGE
1285.4566 RWF

2019 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 1336.8754. Conversely, the yearly low was recorded on January 5, dropping to 1231.8635.

This high-to-low spread represents a total annual volatility of 105.0119 RWF. From a start-to-finish perspective, comparing the January average rate of 1253.3754 to the December average rate of 1317.9077, the exchange rate registered a net change of 5.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 1336.8754 was up 5.98% compared to the 2018 peak of 1261.4446, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,684,377 RWF
2018 Average 6,121,800 RWF
Yearly Trough Low 6,159,317 RWF
Transaction Impact: A difference of 525,059.72 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

1324.3609
1246.9221
JanuMarcMayJulySeptNove

JOD 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 1268.1692, compared to 1302.7439 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 34.5747 points.

H1 Avg (Jan–Jun) 1268.1692
H2 Avg (Jul–Dec) 1302.7439

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 42.7992 RWF (High: 1336.8754 / Low: 1294.0762). On the other end, May was the most stable month, with a tight range of 9.4303 RWF (High: 1284.5850 / Low: 1275.1547).

December Spread (Volatile) ±42.7992
May Spread (Stable) ±9.4303

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 1317.9077) against the same month in 2018 (average: 1244.0054), the exchange rate shifted by +73.9023 (+5.94%).

2019 Avg (December) 1317.9077
2018 Avg (December) 1244.0054

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1268.3524 1231.8635 1253.3754
February 1267.4368 1247.3520 1257.6439
March 1273.8485 1240.6511 1264.3659
April 1280.5577 1269.3864 1274.5431
May 1284.5850 1275.1547 1278.1126
June 1287.2362 1262.1914 1280.9745
July 1293.6728 1282.4961 1289.5550
August 1297.5949 1274.5800 1292.3094
September 1304.8751 1293.1418 1300.5398
October 1310.1022 1294.7157 1304.4919
November 1318.1163 1295.2994 1311.6598
December 1336.8754 1294.0762 1317.9077