2019 RWF to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 RWF to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the RWF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 2.0807. Conversely, the yearly low was recorded on December 25, dropping to 1.9819.
This high-to-low spread represents a total annual volatility of 0.0988 BIF. From a start-to-finish perspective, comparing the January average rate of 2.0294 to the December average rate of 2.0090, the exchange rate registered a net change of -1.00% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2019 high of 2.0807 was down 0.72% compared to the 2018 peak of 2.0959, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
RWF to BIF 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 2.0298, compared to 2.0121 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0177 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was March, with a trading range of 0.0794 BIF (High: 2.0807 / Low: 2.0013). On the other end, April was the most stable month, with a tight range of 0.0191 BIF (High: 2.0400 / Low: 2.0209).
Growth Streaks & Declines
TrendsNo sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0140 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2019: 2.0305) against the same month in 2018 (average: 2.0547), the exchange rate shifted by -0.0242 (-1.18%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2.0737 | 2.0037 | 2.0294 |
| February | 2.0689 | 2.0005 | 2.0332 |
| March | 2.0807 | 2.0013 | 2.0305 |
| April | 2.0400 | 2.0209 | 2.0277 |
| May | 2.0431 | 2.0182 | 2.0275 |
| June | 2.0645 | 2.0163 | 2.0302 |
| July | 2.0278 | 2.0084 | 2.0162 |
| August | 2.0324 | 2.0067 | 2.0142 |
| September | 2.0228 | 2.0010 | 2.0099 |
| October | 2.0343 | 1.9970 | 2.0097 |
| November | 2.0340 | 2.0049 | 2.0133 |
| December | 2.0433 | 1.9819 | 2.0090 |