2020 NIO to RWF Historical Review

YEARLY HIGH

28.4264 RWF

YEARLY LOW

27.1252 RWF

YEARLY AVERAGE

27.8244 RWF

2020 NIO to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NIO to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 28.4264. Conversely, the yearly low was recorded on May 6, dropping to 27.1252.

This high-to-low spread represents a total annual volatility of 1.3012 RWF. From a start-to-finish perspective, comparing the January average rate of 27.7953 to the December average rate of 28.3309, the exchange rate registered a net change of 1.93% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 28.4264 was up 1.16% compared to the 2019 peak of 28.1000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 142,132 RWF

2019 Average 137,103 RWF

Yearly Trough Low 135,626 RWF

Transaction Impact: A difference of 6,505.92 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

28.4060

27.5046

JanuMarcMayJulySeptNove

NIO 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 27.7347, compared to 27.9141 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1794 points.

H1 Avg (Jan–Jun) 27.7347

H2 Avg (Jul–Dec) 27.9141

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 1.1412 RWF (High: 28.2665 / Low: 27.1252). On the other end, December was the most stable month, with a tight range of 0.2584 RWF (High: 28.4264 / Low: 28.1680).

May Spread (Volatile) ±1.1412

December Spread (Stable) ±0.2584

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.2044 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.2044

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 28.3309) against the same month in 2019 (average: 27.5870), the exchange rate shifted by +0.7439 (+2.70%).

2020 Avg (December) 28.3309

2019 Avg (December) 27.5870

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	28.1326	27.3232	27.7953
February	28.1758	27.1850	27.6952
March	28.2159	27.2993	27.8165
April	28.2312	27.1346	27.6671
May	28.2665	27.1252	27.6499
June	28.0885	27.2595	27.7841
July	28.0135	27.3876	27.5797
August	27.8570	27.4359	27.6790
September	27.9601	27.2653	27.6897
October	28.2160	27.5216	28.0004
November	28.3723	27.6048	28.2048
December	28.4264	28.1680	28.3309