2020 NZD to RWF Historical Review

YEARLY HIGH

713.2108 RWF

YEARLY LOW

531.1567 RWF

YEARLY AVERAGE

623.0480 RWF

2020 NZD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the NZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 713.2108. Conversely, the yearly low was recorded on March 22, dropping to 531.1567.

This high-to-low spread represents a total annual volatility of 182.0541 RWF. From a start-to-finish perspective, comparing the January average rate of 623.8597 to the December average rate of 700.8542, the exchange rate registered a net change of 12.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 713.2108 was up 12.22% compared to the 2019 peak of 635.5686, 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 3,566,054 RWF

2019 Average 3,003,260 RWF

Yearly Trough Low 2,655,783 RWF

Transaction Impact: A difference of 910,270.53 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

714.2459

553.5454

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 591.3245, compared to 654.7715 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.4470 points.

H1 Avg (Jan–Jun) 591.3245

H2 Avg (Jul–Dec) 654.7715

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 70.4994 RWF (High: 601.6561 / Low: 531.1567). On the other end, October was the most stable month, with a tight range of 20.5711 RWF (High: 654.6432 / Low: 634.0720).

March Spread (Volatile) ±70.4994

October Spread (Stable) ±20.5711

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 30.5535 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -30.5535

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 700.8542) against the same month in 2019 (average: 616.8815), the exchange rate shifted by +83.9727 (+13.61%).

2020 Avg (December) 700.8542

2019 Avg (December) 616.8815

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	641.8654	605.9623	623.8597
February	613.5383	584.2611	601.6898
March	601.6561	531.1567	571.1363
April	582.9271	549.2812	566.9371
May	586.2603	556.3207	572.2964
June	620.7754	595.5469	612.0279
July	640.2344	618.5219	628.3489
August	652.0862	627.4276	635.5864
September	654.2967	625.6872	641.7222
October	654.6432	634.0720	646.0576
November	695.5405	645.6843	676.0599
December	713.2108	691.1742	700.8542