2020 JOD to RWF Historical Review

YEARLY HIGH

1397.9755 RWF

YEARLY LOW

1311.7066 RWF

YEARLY AVERAGE

1350.0037 RWF

2020 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 1397.9755. Conversely, the yearly low was recorded on February 15, dropping to 1311.7066.

This high-to-low spread represents a total annual volatility of 86.2689 RWF. From a start-to-finish perspective, comparing the January average rate of 1330.8008 to the December average rate of 1393.1231, the exchange rate registered a net change of 4.68% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1397.9755 was up 4.57% compared to the 2019 peak of 1336.8754, 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 6,989,878 RWF

2019 Average 6,428,071 RWF

Yearly Trough Low 6,558,533 RWF

Transaction Impact: A difference of 431,344.55 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1399.8441

1319.1923

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 1331.0980, compared to 1368.9094 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 37.8115 points.

H1 Avg (Jan–Jun) 1331.0980

H2 Avg (Jul–Dec) 1368.9094

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 37.4968 RWF (High: 1384.4644 / Low: 1346.9676). On the other end, July was the most stable month, with a tight range of 11.9188 RWF (High: 1349.4308 / Low: 1337.5120).

October Spread (Volatile) ±37.4968

July Spread (Stable) ±11.9188

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 4.6540 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -4.6540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1393.1231) against the same month in 2019 (average: 1317.9077), the exchange rate shifted by +75.2154 (+5.71%).

2020 Avg (December) 1393.1231

2019 Avg (December) 1317.9077

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1344.0753	1318.7588	1330.8008
February	1341.8537	1311.7066	1327.9274
March	1350.6146	1318.7588	1332.4433
April	1343.8877	1318.7588	1330.5673
May	1345.2272	1316.7684	1325.9133
June	1346.3661	1318.7588	1338.9359
July	1349.4308	1337.5120	1345.3366
August	1363.8553	1339.9154	1357.2087
September	1367.4081	1341.3258	1357.5941
October	1384.4644	1346.9676	1372.6458
November	1394.8579	1375.1763	1387.5483
December	1397.9755	1385.7546	1393.1231