YEARLY HIGH
15.4979 RWF
YEARLY LOW
13.1386 RWF
YEARLY AVERAGE
13.8163 RWF

2020 MZN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the MZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15.4979. Conversely, the yearly low was recorded on December 20, dropping to 13.1386.

This high-to-low spread represents a total annual volatility of 2.3593 RWF. From a start-to-finish perspective, comparing the January average rate of 15.0862 to the December average rate of 13.2599, the exchange rate registered a net change of -12.11% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.4979 was down 1.65% compared to the 2019 peak of 15.7575, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 77,490 RWF
2019 Average 72,877 RWF
Yearly Trough Low 65,693 RWF
Transaction Impact: A difference of 11,796.55 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

15.2688
13.0772
JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 14.2264, compared to 13.4061 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8203 points.

H1 Avg (Jan–Jun) 14.2264
H2 Avg (Jul–Dec) 13.4061

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.8082 RWF (High: 15.4979 / Low: 14.6897). On the other end, July was the most stable month, with a tight range of 0.1686 RWF (High: 13.6125 / Low: 13.4439).

January Spread (Volatile) ±0.8082
July Spread (Stable) ±0.1686

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.4750 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.4750

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 15.0862) against the same month in 2019 (average: 14.4345), the exchange rate shifted by +0.6517 (+4.52%).

2020 Avg (January) 15.0862
2019 Avg (January) 14.4345

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.4979 14.6897 15.0862
February 14.8984 14.3185 14.6112
March 14.5685 14.0924 14.3050
April 14.2344 13.8786 14.0301
May 13.8948 13.4687 13.7205
June 13.6974 13.4436 13.6056
July 13.6125 13.4439 13.5441
August 13.5710 13.3992 13.5174
September 13.4948 13.2451 13.3837
October 13.4795 13.1815 13.3829
November 13.4405 13.2475 13.3487
December 13.3763 13.1386 13.2599