2020 NAD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 NAD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the NAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 67.8620. Conversely, the yearly low was recorded on April 23, dropping to 49.1296.
This high-to-low spread represents a total annual volatility of 18.7324 RWF. From a start-to-finish perspective, comparing the January average rate of 65.7288 to the December average rate of 66.4102, the exchange rate registered a net change of 1.04% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2020 high of 67.8620 was up 0.57% compared to the 2019 peak of 67.4768, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
NAD 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 57.2729, compared to 59.6797 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4068 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was March, with a trading range of 8.6640 RWF (High: 61.5482 / Low: 52.8842). On the other end, July was the most stable month, with a tight range of 2.4744 RWF (High: 58.1255 / Low: 55.6512).
Growth Streaks & Declines
TrendsBetween August and December, 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 6.0937 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2020: 66.4102) against the same month in 2019 (average: 64.8677), the exchange rate shifted by +1.5426 (+2.38%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.5246 | 63.4303 | 65.7288 |
| February | 64.2606 | 60.7143 | 62.8811 |
| March | 61.5482 | 52.8842 | 56.9579 |
| April | 52.8627 | 49.1296 | 50.8642 |
| May | 54.3977 | 50.2373 | 51.7367 |
| June | 57.4760 | 54.2394 | 55.4689 |
| July | 58.1255 | 55.6512 | 56.9677 |
| August | 57.5181 | 54.0809 | 55.4923 |
| September | 59.2783 | 55.7215 | 57.3063 |
| October | 60.4538 | 52.8208 | 58.6018 |
| November | 64.7887 | 60.0041 | 63.3000 |
| December | 67.8620 | 64.3804 | 66.4102 |