YEARLY HIGH
0.7642 RWF
YEARLY LOW
0.6318 RWF
YEARLY AVERAGE
0.6971 RWF

2020 MMK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MMK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 0.7642. Conversely, the yearly low was recorded on January 14, dropping to 0.6318.

This high-to-low spread represents a total annual volatility of 0.1324 RWF. From a start-to-finish perspective, comparing the January average rate of 0.6425 to the December average rate of 0.7388, the exchange rate registered a net change of 14.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.7642 was up 19.51% compared to the 2019 peak of 0.6394, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,821 RWF
2019 Average 2,996 RWF
Yearly Trough Low 3,159 RWF
Transaction Impact: A difference of 662.07 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.7685
0.6311
JanuMarcMayJulySeptNove

MMK 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 0.6636, compared to 0.7306 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0670 points.

H1 Avg (Jan–Jun) 0.6636
H2 Avg (Jul–Dec) 0.7306

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0596 RWF (High: 0.7106 / Low: 0.6509). On the other end, November was the most stable month, with a tight range of 0.0125 RWF (High: 0.7642 / Low: 0.7517).

March Spread (Volatile) ±0.0596
November Spread (Stable) ±0.0125

Growth Streaks & Declines

Trends

Between April and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0183 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0183

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.7571) against the same month in 2019 (average: 0.6137), the exchange rate shifted by +0.1433 (+23.35%).

2020 Avg (November) 0.7571
2019 Avg (November) 0.6137

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6482 0.6318 0.6425
February 0.6569 0.6397 0.6491
March 0.7106 0.6509 0.6747
April 0.6789 0.6464 0.6642
May 0.6789 0.6637 0.6701
June 0.6953 0.6663 0.6809
July 0.7030 0.6870 0.6971
August 0.7282 0.6975 0.7090
September 0.7408 0.7145 0.7284
October 0.7630 0.7325 0.7532
November 0.7642 0.7517 0.7571
December 0.7486 0.7146 0.7388