2020 RWF to CDF Historical Review

YEARLY HIGH

2.0937 CDF

YEARLY LOW

1.5084 CDF

YEARLY AVERAGE

1.9319 CDF

2020 RWF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 2.0937. Conversely, the yearly low was recorded on December 6, dropping to 1.5084.

This high-to-low spread represents a total annual volatility of 0.5853 CDF. From a start-to-finish perspective, comparing the January average rate of 1.7876 to the December average rate of 1.9792, the exchange rate registered a net change of 10.72% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 2.0937 was up 11.88% compared to the 2019 peak of 1.8713, 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 10,468 CDF

2019 Average 9,068 CDF

Yearly Trough Low 7,542 CDF

Transaction Impact: A difference of 2,926.42 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.0658

1.7623

JanuMarcMayJulySeptNove

RWF to CDF 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 1.8469, compared to 2.0169 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1700 points.

H1 Avg (Jan–Jun) 1.8469

H2 Avg (Jul–Dec) 2.0169

Volatility Range Comparison

Volatility

The most volatile month in 2020 was December, with a trading range of 0.4967 CDF (High: 2.0051 / Low: 1.5084). On the other end, November was the most stable month, with a tight range of 0.0285 CDF (High: 2.0164 / Low: 1.9879).

December Spread (Volatile) ±0.4967

November Spread (Stable) ±0.0285

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0353 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0353

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2020: 2.0405) against the same month in 2019 (average: 1.8097), the exchange rate shifted by +0.2308 (+12.76%).

2020 Avg (August) 2.0405

2019 Avg (August) 1.8097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.8032	1.7726	1.7876
February	1.8139	1.7744	1.7957
March	1.8251	1.7845	1.8044
April	1.8408	1.7967	1.8214
May	1.9444	1.8443	1.9002
June	2.0170	1.9221	1.9722
July	2.0640	2.0063	2.0400
August	2.0937	2.0179	2.0405
September	2.0610	2.0228	2.0393
October	2.0576	1.8552	2.0039
November	2.0164	1.9879	1.9988
December	2.0051	1.5084	1.9792