2019 MAD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MAD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 98.5718. Conversely, the yearly low was recorded on March 9, dropping to 91.3260.
This high-to-low spread represents a total annual volatility of 7.2458 RWF. From a start-to-finish perspective, comparing the January average rate of 93.3117 to the December average rate of 97.1246, the exchange rate registered a net change of 4.09% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 98.5718 was up 4.42% compared to the 2018 peak of 94.4036, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MAD 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 93.6757, compared to 95.8919 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2162 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 3.2103 RWF (High: 98.5718 / Low: 95.3615). On the other end, May was the most stable month, with a tight range of 1.0388 RWF (High: 94.0695 / Low: 93.0307).
Growth Streaks & Declines
TrendsBetween May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.2666 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 97.1246) against the same month in 2018 (average: 92.5629), the exchange rate shifted by +4.5617 (+4.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 94.7509 | 91.7912 | 93.3117 |
| February | 94.4484 | 92.6584 | 93.5183 |
| March | 94.2588 | 91.3260 | 93.2621 |
| April | 94.2604 | 93.1841 | 93.7516 |
| May | 94.0695 | 93.0307 | 93.6698 |
| June | 95.6916 | 92.9780 | 94.5409 |
| July | 95.7510 | 94.6699 | 95.3347 |
| August | 96.9037 | 94.8381 | 95.5210 |
| September | 96.0239 | 94.7806 | 95.2545 |
| October | 96.4316 | 94.9073 | 95.7606 |
| November | 96.9350 | 95.4631 | 96.3562 |
| December | 98.5718 | 95.3615 | 97.1246 |