2020 MKD to RWF Historical Review

YEARLY HIGH

19.7431 RWF

YEARLY LOW

16.3566 RWF

YEARLY AVERAGE

17.7386 RWF

2020 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 19.7431. Conversely, the yearly low was recorded on May 6, dropping to 16.3566.

This high-to-low spread represents a total annual volatility of 3.3865 RWF. From a start-to-finish perspective, comparing the January average rate of 17.0354 to the December average rate of 19.5066, the exchange rate registered a net change of 14.51% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 19.7431 was up 14.81% compared to the 2019 peak of 17.1957, 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 98,715 RWF

2019 Average 82,920 RWF

Yearly Trough Low 81,783 RWF

Transaction Impact: A difference of 16,932.71 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

19.7946

16.3391

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 16.8770, compared to 18.6001 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.7230 points.

H1 Avg (Jan–Jun) 16.8770

H2 Avg (Jul–Dec) 18.6001

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 1.1961 RWF (High: 17.6083 / Low: 16.4122). On the other end, April was the most stable month, with a tight range of 0.4601 RWF (High: 16.8677 / Low: 16.4076).

March Spread (Volatile) ±1.1961

April Spread (Stable) ±0.4601

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3591 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.3591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 19.5066) against the same month in 2019 (average: 16.8838), the exchange rate shifted by +2.6228 (+15.53%).

2020 Avg (December) 19.5066

2019 Avg (December) 16.8838

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	17.3779	16.7570	17.0354
February	17.0390	16.3693	16.6762
March	17.6083	16.4122	16.9543
April	16.8677	16.4076	16.6271
May	17.0848	16.3566	16.6391
June	17.5882	16.9840	17.3302
July	18.3076	17.2831	17.7269
August	18.7226	18.2248	18.4652
September	18.6972	18.0539	18.4176
October	18.8050	18.1515	18.5843
November	19.1474	18.4348	18.8997
December	19.7431	19.2004	19.5066