2020 RWF to BIF Historical Review

YEARLY HIGH

2.0449 BIF

YEARLY LOW

1.9579 BIF

YEARLY AVERAGE

2.0003 BIF

2020 RWF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 5, valuing the pair at 2.0449. Conversely, the yearly low was recorded on December 27, dropping to 1.9579.

This high-to-low spread represents a total annual volatility of 0.0870 BIF. From a start-to-finish perspective, comparing the January average rate of 1.9976 to the December average rate of 1.9668, the exchange rate registered a net change of -1.54% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0449 was down 1.72% compared to the 2019 peak of 2.0807, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,225 BIF

2019 Average 10,104 BIF

Yearly Trough Low 9,789 BIF

Transaction Impact: A difference of 435.20 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0305

1.9611

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.0082, compared to 1.9924 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0158 points.

H1 Avg (Jan–Jun) 2.0082

H2 Avg (Jul–Dec) 1.9924

Volatility Range Comparison

Volatility

The most volatile month in 2020 was May, with a trading range of 0.0585 BIF (High: 2.0439 / Low: 1.9853). On the other end, July was the most stable month, with a tight range of 0.0221 BIF (High: 2.0274 / Low: 2.0052).

May Spread (Volatile) ±0.0585

July Spread (Stable) ±0.0221

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0185 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2020: 2.0091) against the same month in 2019 (average: 2.0302), the exchange rate shifted by -0.0211 (-1.04%).

2020 Avg (June) 2.0091

2019 Avg (June) 2.0302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0214	1.9745	1.9976
February	2.0323	1.9824	2.0056
March	2.0251	1.9828	2.0023
April	2.0352	1.9842	2.0099
May	2.0439	1.9853	2.0247
June	2.0449	1.9935	2.0091
July	2.0274	2.0052	2.0173
August	2.0284	1.9959	2.0042
September	2.0358	1.9915	2.0067
October	2.0241	1.9732	1.9882
November	1.9897	1.9597	1.9712
December	1.9817	1.9579	1.9668