YEARLY HIGH
3.0065 MNT
YEARLY LOW
2.8334 MNT
YEARLY AVERAGE
2.9340 MNT

2020 RWF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on September 25, valuing the pair at 3.0065. Conversely, the yearly low was recorded on January 1, dropping to 2.8334.

This high-to-low spread represents a total annual volatility of 0.1731 MNT. From a start-to-finish perspective, comparing the January average rate of 2.8650 to the December average rate of 2.8888, the exchange rate registered a net change of 0.83% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 3.0065 was up 2.11% compared to the 2019 peak of 2.9443, 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 15,033 MNT
2019 Average 14,113 MNT
Yearly Trough Low 14,167 MNT
Transaction Impact: A difference of 865.59 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

2.9840
2.8542
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 2.9319, compared to 2.9362 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0043 points.

H1 Avg (Jan–Jun) 2.9319
H2 Avg (Jul–Dec) 2.9362

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.1116 MNT (High: 2.9625 / Low: 2.8509). On the other end, December was the most stable month, with a tight range of 0.0289 MNT (High: 2.9035 / Low: 2.8746).

February Spread (Volatile) ±0.1116
December Spread (Stable) ±0.0289

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0429 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0429

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2020: 2.9718) against the same month in 2019 (average: 2.8897), the exchange rate shifted by +0.0820 (+2.84%).

2020 Avg (September) 2.9718
2019 Avg (September) 2.8897

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.8930 2.8334 2.8650
February 2.9625 2.8509 2.9175
March 2.9508 2.8798 2.9209
April 2.9776 2.9187 2.9503
May 3.0000 2.9348 2.9731
June 2.9971 2.9410 2.9645
July 2.9892 2.9595 2.9731
August 2.9961 2.9456 2.9602
September 3.0065 2.9487 2.9718
October 2.9937 2.9034 2.9289
November 2.9284 2.8745 2.8944
December 2.9035 2.8746 2.8888