2019 MKD to RWF Historical Review

YEARLY HIGH

17.1957 RWF

YEARLY LOW

16.0630 RWF

YEARLY AVERAGE

16.5829 RWF

2019 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 17.1957. Conversely, the yearly low was recorded on March 9, dropping to 16.0630.

This high-to-low spread represents a total annual volatility of 1.1327 RWF. From a start-to-finish perspective, comparing the January average rate of 16.4810 to the December average rate of 16.8838, the exchange rate registered a net change of 2.44% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 17.1957 was down 1.34% compared to the 2018 peak of 17.4298, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 85,979 RWF

2018 Average 83,305 RWF

Yearly Trough Low 80,315 RWF

Transaction Impact: A difference of 5,663.52 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

16.9282

16.3954

JanuMarcMayJulySeptNove

MKD 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 16.5000, compared to 16.6658 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1658 points.

H1 Avg (Jan–Jun) 16.5000

H2 Avg (Jul–Dec) 16.6658

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.6790 RWF (High: 17.1957 / Low: 16.5167). On the other end, November was the most stable month, with a tight range of 0.1885 RWF (High: 16.7919 / Low: 16.6034).

December Spread (Volatile) ±0.6790

November Spread (Stable) ±0.1885

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.1470 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1470

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 16.8838) against the same month in 2018 (average: 16.3190), the exchange rate shifted by +0.5648 (+3.46%).

2019 Avg (December) 16.8838

2018 Avg (December) 16.3190

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	16.7323	16.1603	16.4810
February	16.6444	16.1665	16.4398
March	16.6652	16.0630	16.4733
April	16.6580	16.3674	16.4925
May	16.5530	16.3588	16.4559
June	16.8559	16.3588	16.6577
July	16.9209	16.5820	16.7162
August	16.7369	16.4607	16.5691
September	16.6272	16.3552	16.5072
October	16.8104	16.3932	16.6154
November	16.7919	16.6034	16.7031
December	17.1957	16.5167	16.8838