YEARLY HIGH
0.2658 RWF
YEARLY LOW
0.2449 RWF
YEARLY AVERAGE
0.2513 RWF

2020 MGA to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MGA to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 0.2658. Conversely, the yearly low was recorded on October 3, dropping to 0.2449.

This high-to-low spread represents a total annual volatility of 0.0209 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2563 to the December average rate of 0.2587, the exchange rate registered a net change of 0.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2658 was down 30.60% compared to the 2019 peak of 0.3830, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,329 RWF
2019 Average 1,255 RWF
Yearly Trough Low 1,224 RWF
Transaction Impact: A difference of 104.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2599
0.2456
JanuMarcMayJulySeptNove

MGA 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 0.2515, compared to 0.2510 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0005 points.

H1 Avg (Jan–Jun) 0.2515
H2 Avg (Jul–Dec) 0.2510

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0142 RWF (High: 0.2614 / Low: 0.2472). On the other end, August was the most stable month, with a tight range of 0.0030 RWF (High: 0.2522 / Low: 0.2492).

November Spread (Volatile) ±0.0142
August Spread (Stable) ±0.0030

Growth Streaks & Declines

Trends

Between 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 March and April, when the average rate fell by 0.0038 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0038

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.2587) against the same month in 2019 (average: 0.2605), the exchange rate shifted by -0.0018 (-0.69%).

2020 Avg (December) 0.2587
2019 Avg (December) 0.2605

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2605 0.2517 0.2563
February 0.2614 0.2510 0.2542
March 0.2582 0.2494 0.2538
April 0.2524 0.2466 0.2500
May 0.2494 0.2451 0.2468
June 0.2512 0.2455 0.2481
July 0.2505 0.2456 0.2481
August 0.2522 0.2492 0.2508
September 0.2523 0.2467 0.2493
October 0.2510 0.2449 0.2484
November 0.2614 0.2472 0.2509
December 0.2658 0.2535 0.2587