2020 RWF to KES Historical Review

YEARLY HIGH

0.1145 KES

YEARLY LOW

0.1057 KES

YEARLY AVERAGE

0.1112 KES

2020 RWF to KES Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to KES exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 0.1145. Conversely, the yearly low was recorded on February 2, dropping to 0.1057.

This high-to-low spread represents a total annual volatility of 0.0088 KES. From a start-to-finish perspective, comparing the January average rate of 0.1071 to the December average rate of 0.1119, the exchange rate registered a net change of 4.43% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1145 was down 2.02% compared to the 2019 peak of 0.1168, 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 572 KES

2019 Average 560 KES

Yearly Trough Low 528 KES

Transaction Impact: A difference of 43.81 KES purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1141

0.1065

JanuMarcMayJulySeptNove

RWF to KES 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 0.1104, compared to 0.1120 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0016 points.

H1 Avg (Jan–Jun) 0.1104

H2 Avg (Jul–Dec) 0.1120

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 0.0059 KES (High: 0.1129 / Low: 0.1070). On the other end, November was the most stable month, with a tight range of 0.0012 KES (High: 0.1117 / Low: 0.1105).

March Spread (Volatile) ±0.0059

November Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2020: 0.1135) against the same month in 2019 (average: 0.1117), the exchange rate shifted by +0.0018 (+1.64%).

2020 Avg (May) 0.1135

2019 Avg (May) 0.1117

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1082	0.1062	0.1071
February	0.1083	0.1057	0.1071
March	0.1129	0.1070	0.1099
April	0.1144	0.1112	0.1128
May	0.1145	0.1121	0.1135
June	0.1135	0.1115	0.1121
July	0.1132	0.1115	0.1125
August	0.1137	0.1117	0.1124
September	0.1140	0.1119	0.1127
October	0.1136	0.1108	0.1116
November	0.1117	0.1105	0.1111
December	0.1131	0.1097	0.1119