YEARLY HIGH
48.1200 IRR
YEARLY LOW
44.4218 IRR
YEARLY AVERAGE
46.2651 IRR

2019 RWF to IRR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 48.1200. Conversely, the yearly low was recorded on December 23, dropping to 44.4218.

This high-to-low spread represents a total annual volatility of 3.6982 IRR. From a start-to-finish perspective, comparing the January average rate of 47.5675 to the December average rate of 45.0590, the exchange rate registered a net change of -5.27% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 48.1200 was down 5.61% compared to the 2018 peak of 50.9823, 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 240,600 IRR
2018 Average 234,116 IRR
Yearly Trough Low 222,109 IRR
Transaction Impact: A difference of 18,490.82 IRR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

47.8183
44.8082
JanuMarcMayJulySeptNove

RWF to IRR 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 46.9288, compared to 45.6014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.3274 points.

H1 Avg (Jan–Jun) 46.9288
H2 Avg (Jul–Dec) 45.6014

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 1.4692 IRR (High: 45.8910 / Low: 44.4218). On the other end, July was the most stable month, with a tight range of 0.4001 IRR (High: 46.3053 / Low: 45.9053).

December Spread (Volatile) ±1.4692
July Spread (Stable) ±0.4001

Growth Streaks & Declines

Trends

No 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 0.4396 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.4396

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 47.5675) against the same month in 2018 (average: 42.2272), the exchange rate shifted by +5.3403 (+12.65%).

2019 Avg (January) 47.5675
2018 Avg (January) 42.2272

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.1200 46.7819 47.5675
February 47.5763 46.8356 47.2123
March 48.0430 46.6197 47.0452
April 47.4966 46.4082 46.7187
May 47.0465 46.2300 46.5355
June 47.1528 46.1505 46.4936
July 46.3053 45.9053 46.0540
August 46.5929 45.7663 45.9812
September 46.0469 45.4983 45.6898
October 45.8554 45.3937 45.5438
November 45.9322 45.0540 45.2806
December 45.8910 44.4218 45.0590