2019 MZN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 MZN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the MZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 15.7575. Conversely, the yearly low was recorded on February 19, dropping to 13.5087.
This high-to-low spread represents a total annual volatility of 2.2488 RWF. From a start-to-finish perspective, comparing the January average rate of 14.4345 to the December average rate of 14.8119, the exchange rate registered a net change of 2.61% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 15.7575 was up 4.32% compared to the 2018 peak of 15.1049, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
MZN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 14.3098, compared to 14.8360 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.5263 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 1.0492 RWF (High: 15.3628 / Low: 14.3136). On the other end, April was the most stable month, with a tight range of 0.1301 RWF (High: 14.0620 / Low: 13.9319).
Growth Streaks & Declines
TrendsBetween 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 March and April, when the average rate fell by 0.2355 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2019: 15.0619) against the same month in 2018 (average: 14.8622), the exchange rate shifted by +0.1997 (+1.34%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 14.5963 | 14.2391 | 14.4345 |
| February | 14.4528 | 13.5087 | 14.2924 |
| March | 14.3990 | 14.0292 | 14.2377 |
| April | 14.0620 | 13.9319 | 14.0022 |
| May | 14.6201 | 14.0087 | 14.2835 |
| June | 14.7083 | 14.3786 | 14.6083 |
| July | 14.9388 | 14.6265 | 14.7219 |
| August | 15.7575 | 14.8015 | 15.0619 |
| September | 15.0025 | 14.8378 | 14.9290 |
| October | 14.9243 | 14.6518 | 14.8403 |
| November | 14.8081 | 14.4861 | 14.6510 |
| December | 15.3628 | 14.3136 | 14.8119 |