YEARLY HIGH
0.1568 JMD
YEARLY LOW
0.1389 JMD
YEARLY AVERAGE
0.1483 JMD

2020 RWF to JMD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to JMD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 21, valuing the pair at 0.1568. Conversely, the yearly low was recorded on January 5, dropping to 0.1389.

This high-to-low spread represents a total annual volatility of 0.0179 JMD. From a start-to-finish perspective, comparing the January average rate of 0.1426 to the December average rate of 0.1455, the exchange rate registered a net change of 2.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1568 was up 1.52% compared to the 2019 peak of 0.1544, 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 784 JMD
2019 Average 733 JMD
Yearly Trough Low 695 JMD
Transaction Impact: A difference of 89.34 JMD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1561
0.1414
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 0.1470, compared to 0.1496 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0026 points.

H1 Avg (Jan–Jun) 0.1470
H2 Avg (Jul–Dec) 0.1496

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0102 JMD (High: 0.1491 / Low: 0.1389). On the other end, August was the most stable month, with a tight range of 0.0022 JMD (High: 0.1562 / Low: 0.1540).

January Spread (Volatile) ±0.0102
August Spread (Stable) ±0.0022

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 August and September, when the average rate fell by 0.0054 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.1535) against the same month in 2019 (average: 0.1488), the exchange rate shifted by +0.0047 (+3.18%).

2020 Avg (May) 0.1535
2019 Avg (May) 0.1488

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1491 0.1389 0.1426
February 0.1521 0.1455 0.1486
March 0.1467 0.1406 0.1431
April 0.1504 0.1417 0.1458
May 0.1568 0.1498 0.1535
June 0.1529 0.1460 0.1483
July 0.1545 0.1457 0.1501
August 0.1562 0.1540 0.1549
September 0.1548 0.1459 0.1495
October 0.1498 0.1462 0.1484
November 0.1515 0.1480 0.1494
December 0.1484 0.1436 0.1455