2020 MAD to RWF Historical Review

YEARLY HIGH

111.4298 RWF

YEARLY LOW

91.2853 RWF

YEARLY AVERAGE

100.9668 RWF

2020 MAD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 111.4298. Conversely, the yearly low was recorded on April 4, dropping to 91.2853.

This high-to-low spread represents a total annual volatility of 20.1445 RWF. From a start-to-finish perspective, comparing the January average rate of 98.2045 to the December average rate of 109.9621, the exchange rate registered a net change of 11.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 111.4298 was up 13.04% compared to the 2019 peak of 98.5718, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 557,149 RWF

2019 Average 473,961 RWF

Yearly Trough Low 456,426 RWF

Transaction Impact: A difference of 100,722.47 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

111.6470

91.4279

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 96.6218, compared to 105.3118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.6900 points.

H1 Avg (Jan–Jun) 96.6218

H2 Avg (Jul–Dec) 105.3118

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 6.9850 RWF (High: 100.7370 / Low: 93.7520). On the other end, January was the most stable month, with a tight range of 2.2172 RWF (High: 99.1184 / Low: 96.9012).

March Spread (Volatile) ±6.9850

January Spread (Stable) ±2.2172

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 4.4844 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -4.4844

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 109.9621) against the same month in 2019 (average: 97.1246), the exchange rate shifted by +12.8375 (+13.22%).

2020 Avg (December) 109.9621

2019 Avg (December) 97.1246

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	99.1184	96.9012	98.2045
February	98.8418	95.7923	97.2948
March	100.7370	93.7520	97.5972
April	95.7057	91.2853	93.1128
May	96.6935	94.2900	95.4454
June	99.1190	96.6283	98.0760
July	102.3621	97.7850	99.8820
August	105.6126	102.1150	104.2270
September	106.0307	102.8842	104.3721
October	106.7136	103.1214	105.7073
November	109.0458	105.5563	107.7201
December	111.4298	106.0479	109.9621