YEARLY HIGH
0.1544 JMD
YEARLY LOW
0.1380 JMD
YEARLY AVERAGE
0.1465 JMD

2019 RWF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.1544. Conversely, the yearly low was recorded on March 20, dropping to 0.1380.

This high-to-low spread represents a total annual volatility of 0.0164 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1462 to the December average rate of 0.1466, the exchange rate registered a net change of 0.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.1544 was down 1.86% compared to the 2018 peak of 0.1574, 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 772 JMD
2018 Average 742 JMD
Yearly Trough Low 690 JMD
Transaction Impact: A difference of 82.03 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.1518
0.1398
JanuMarcMayJulySeptNove

RWF to JMD 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 0.1456, compared to 0.1475 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.1456
H2 Avg (Jul–Dec) 0.1475

Volatility Range Comparison

Volatility

The most volatile month in 2019 was December, with a trading range of 0.0139 JMD (High: 0.1532 / Low: 0.1393). On the other end, August was the most stable month, with a tight range of 0.0021 JMD (High: 0.1483 / Low: 0.1463).

December Spread (Volatile) ±0.0139
August Spread (Stable) ±0.0021

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 February and March, when the average rate fell by 0.0091 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0091

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2019: 0.1498) against the same month in 2018 (average: 0.1473), the exchange rate shifted by +0.0025 (+1.70%).

2019 Avg (February) 0.1498
2018 Avg (February) 0.1473

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1499 0.1428 0.1462
February 0.1544 0.1446 0.1498
March 0.1462 0.1380 0.1408
April 0.1478 0.1389 0.1435
May 0.1507 0.1469 0.1488
June 0.1497 0.1419 0.1444
July 0.1490 0.1432 0.1460
August 0.1483 0.1463 0.1474
September 0.1492 0.1456 0.1473
October 0.1500 0.1447 0.1469
November 0.1517 0.1493 0.1508
December 0.1532 0.1393 0.1466