2019 PHP to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 PHP to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the PHP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 18.6907. Conversely, the yearly low was recorded on January 3, dropping to 16.6342.
This high-to-low spread represents a total annual volatility of 2.0565 RWF. From a start-to-finish perspective, comparing the January average rate of 16.9630 to the December average rate of 18.4088, the exchange rate registered a net change of 8.52% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 18.6907 was up 8.38% compared to the 2018 peak of 17.2459, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
PHP 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 17.2402, compared to 17.9805 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.7403 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was December, with a trading range of 0.6861 RWF (High: 18.6907 / Low: 18.0046). On the other end, July was the most stable month, with a tight range of 0.2417 RWF (High: 17.9857 / Low: 17.7440).
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 July and August, when the average rate fell by 0.3148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 18.4088) against the same month in 2018 (average: 16.7243), the exchange rate shifted by +1.6844 (+10.07%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 17.2621 | 16.6342 | 16.9630 |
| February | 17.2877 | 16.8796 | 17.0942 |
| March | 17.2633 | 16.8386 | 17.0742 |
| April | 17.5834 | 17.2081 | 17.3911 |
| May | 17.5089 | 17.1619 | 17.3496 |
| June | 17.8049 | 17.1797 | 17.5694 |
| July | 17.9857 | 17.7440 | 17.8803 |
| August | 17.8708 | 17.3581 | 17.5654 |
| September | 17.8537 | 17.5982 | 17.7192 |
| October | 18.1644 | 17.7314 | 17.9710 |
| November | 18.4414 | 18.1751 | 18.3386 |
| December | 18.6907 | 18.0046 | 18.4088 |