YEARLY HIGH
244.8864 RWF
YEARLY LOW
212.0717 RWF
YEARLY AVERAGE
228.0022 RWF

2020 MYR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MYR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 244.8864. Conversely, the yearly low was recorded on March 23, dropping to 212.0717.

This high-to-low spread represents a total annual volatility of 32.8147 RWF. From a start-to-finish perspective, comparing the January average rate of 231.3654 to the December average rate of 243.4733, the exchange rate registered a net change of 5.23% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 244.8864 was up 6.25% compared to the 2019 peak of 230.4710, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 4,897,728 RWF
2019 Average 4,401,482 RWF
Yearly Trough Low 4,241,434 RWF
Transaction Impact: A difference of 656,294.15 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

246.1539
213.9867
JanuMarcMayJulySeptNove

MYR 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 222.2392, compared to 233.7652 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 11.5260 points.

H1 Avg (Jan–Jun) 222.2392
H2 Avg (Jul–Dec) 233.7652

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 15.1623 RWF (High: 227.2340 / Low: 212.0717). On the other end, December was the most stable month, with a tight range of 2.8913 RWF (High: 244.8864 / Low: 241.9951).

March Spread (Volatile) ±15.1623
December Spread (Stable) ±2.8913

Growth Streaks & Declines

Trends

Between May and December, 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 February and March, when the average rate fell by 6.4024 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -6.4024

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 243.4733) against the same month in 2019 (average: 225.3769), the exchange rate shifted by +18.0964 (+8.03%).

2020 Avg (December) 243.4733
2019 Avg (December) 225.3769

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 234.0336 227.9098 231.3654
February 231.8721 221.3957 226.3895
March 227.2340 212.0717 219.9871
April 219.7704 214.5308 216.8963
May 218.5782 214.2775 216.6673
June 224.4604 218.8158 222.1297
July 225.5560 221.1769 223.6386
August 232.1386 224.6462 229.7579
September 234.1164 229.1742 231.9702
October 236.1283 229.3192 234.4098
November 243.1017 234.7056 239.3416
December 244.8864 241.9951 243.4733