2019 NZD to RWF Historical Review

YEARLY HIGH

635.5686 RWF

YEARLY LOW

574.8042 RWF

YEARLY AVERAGE

600.6781 RWF

2019 NZD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the NZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 635.5686. Conversely, the yearly low was recorded on August 25, dropping to 574.8042.

This high-to-low spread represents a total annual volatility of 60.7643 RWF. From a start-to-finish perspective, comparing the January average rate of 603.1701 to the December average rate of 616.8815, the exchange rate registered a net change of 2.27% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 635.5686 was down 0.57% compared to the 2018 peak of 639.2172, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,177,843 RWF

2018 Average 3,005,630 RWF

Yearly Trough Low 2,874,021 RWF

Transaction Impact: A difference of 303,821.61 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

620.1400

581.0375

JanuMarcMayJulySeptNove

NZD 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 604.4072, compared to 596.9490 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4582 points.

H1 Avg (Jan–Jun) 604.4072

H2 Avg (Jul–Dec) 596.9490

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 37.0795 RWF (High: 622.2577 / Low: 585.1782). On the other end, November was the most stable month, with a tight range of 11.5585 RWF (High: 600.6517 / Low: 589.0932).

January Spread (Volatile) ±37.0795

November Spread (Stable) ±11.5585

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 21.2451 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -21.2451

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 616.8815) against the same month in 2018 (average: 600.8247), the exchange rate shifted by +16.0568 (+2.67%).

2019 Avg (December) 616.8815

2018 Avg (December) 600.8247

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	622.2577	585.1782	603.1701
February	617.1601	597.6069	609.7193
March	623.8077	598.4880	612.7136
April	612.8995	596.9044	606.4870
May	602.0334	588.9290	594.7395
June	613.1840	588.0826	599.6138
July	620.5152	600.8774	610.4005
August	600.7839	574.8042	589.1554
September	592.4292	577.2841	584.2960
October	594.5658	575.8071	586.2084
November	600.6517	589.0932	594.7525
December	635.5686	599.2651	616.8815