YEARLY HIGH
2.9443 MNT
YEARLY LOW
2.6886 MNT
YEARLY AVERAGE
2.8221 MNT

2019 RWF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on August 25, valuing the pair at 2.9443. Conversely, the yearly low was recorded on June 15, dropping to 2.6886.

This high-to-low spread represents a total annual volatility of 0.2557 MNT. From a start-to-finish perspective, comparing the January average rate of 2.7588 to the December average rate of 2.8854, the exchange rate registered a net change of 4.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 2.9443 was up 2.59% compared to the 2018 peak of 2.8700, 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 14,722 MNT
2018 Average 13,992 MNT
Yearly Trough Low 13,443 MNT
Transaction Impact: A difference of 1,278.60 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

2.9281
2.6928
JanuMarcMayJulySeptNove

RWF to MNT 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 2.7502, compared to 2.8940 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1438 points.

H1 Avg (Jan–Jun) 2.7502
H2 Avg (Jul–Dec) 2.8940

Volatility Range Comparison

Volatility

The most volatile month in 2019 was June, with a trading range of 0.2280 MNT (High: 2.9166 / Low: 2.6886). On the other end, September was the most stable month, with a tight range of 0.0315 MNT (High: 2.9109 / Low: 2.8794).

June Spread (Volatile) ±0.2280
September Spread (Stable) ±0.0315

Growth Streaks & Declines

Trends

Between May and August, 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 April and May, when the average rate fell by 0.0503 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0503

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2019: 2.9085) against the same month in 2018 (average: 2.7988), the exchange rate shifted by +0.1097 (+3.92%).

2019 Avg (August) 2.9085
2018 Avg (August) 2.7988

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8043 2.7263 2.7588
February 2.8421 2.7294 2.7736
March 2.8079 2.7203 2.7680
April 2.7908 2.7083 2.7627
May 2.7787 2.6941 2.7124
June 2.9166 2.6886 2.7259
July 2.9289 2.8961 2.9077
August 2.9443 2.8921 2.9085
September 2.9109 2.8794 2.8897
October 2.9142 2.8559 2.8857
November 2.9218 2.8769 2.8870
December 2.9314 2.8484 2.8854