YEARLY HIGH
10.2353 GNF
YEARLY LOW
9.9010 GNF
YEARLY AVERAGE
10.0513 GNF

2020 RWF to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 5, valuing the pair at 10.2353. Conversely, the yearly low was recorded on November 16, dropping to 9.9010.

This high-to-low spread represents a total annual volatility of 0.3342 GNF. From a start-to-finish perspective, comparing the January average rate of 10.0525 to the December average rate of 10.0687, the exchange rate registered a net change of 0.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 10.2353 was down 2.76% compared to the 2019 peak of 10.5257, 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 51,176 GNF
2019 Average 50,639 GNF
Yearly Trough Low 49,505 GNF
Transaction Impact: A difference of 1,671.23 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

10.1071
9.9406
JanuMarcMayJulySeptNove

RWF to GNF 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 10.0579, compared to 10.0446 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0133 points.

H1 Avg (Jan–Jun) 10.0579
H2 Avg (Jul–Dec) 10.0446

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.2719 GNF (High: 10.2353 / Low: 9.9633). On the other end, July was the most stable month, with a tight range of 0.1079 GNF (High: 10.1611 / Low: 10.0532).

October Spread (Volatile) ±0.2719
July Spread (Stable) ±0.1079

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 October and November, when the average rate fell by 0.0958 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0958

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2020: 10.0503) against the same month in 2019 (average: 9.9969), the exchange rate shifted by +0.0534 (+0.53%).

2020 Avg (October) 10.0503
2019 Avg (October) 9.9969

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.1220 9.9778 10.0525
February 10.1478 9.9735 10.0598
March 10.1156 9.9158 10.0317
April 10.1784 9.9898 10.0635
May 10.1694 9.9248 10.0768
June 10.1468 9.9579 10.0633
July 10.1611 10.0532 10.0932
August 10.1211 9.9888 10.0223
September 10.1831 9.9845 10.0788
October 10.2353 9.9633 10.0503
November 10.0315 9.9010 9.9545
December 10.1254 9.9315 10.0687