YEARLY HIGH
0.0761 MZN
YEARLY LOW
0.0645 MZN
YEARLY AVERAGE
0.0725 MZN

2020 RWF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the RWF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 0.0761. Conversely, the yearly low was recorded on January 1, dropping to 0.0645.

This high-to-low spread represents a total annual volatility of 0.0116 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0663 to the December average rate of 0.0754, the exchange rate registered a net change of 13.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.0761 was up 2.82% compared to the 2019 peak of 0.0740, 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 381 MZN
2019 Average 343 MZN
Yearly Trough Low 323 MZN
Transaction Impact: A difference of 57.93 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.0763
0.0654
JanuMarcMayJulySeptNove

RWF to MZN 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 0.0704, compared to 0.0746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0042 points.

H1 Avg (Jan–Jun) 0.0704
H2 Avg (Jul–Dec) 0.0746

Volatility Range Comparison

Volatility

The most volatile month in 2020 was January, with a trading range of 0.0036 MZN (High: 0.0681 / Low: 0.0645). On the other end, July was the most stable month, with a tight range of 0.0009 MZN (High: 0.0744 / Low: 0.0735).

January Spread (Volatile) ±0.0036
July Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 0.0754) against the same month in 2019 (average: 0.0675), the exchange rate shifted by +0.0079 (+11.65%).

2020 Avg (December) 0.0754
2019 Avg (December) 0.0675

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0681 0.0645 0.0663
February 0.0698 0.0671 0.0684
March 0.0710 0.0686 0.0699
April 0.0721 0.0703 0.0713
May 0.0742 0.0720 0.0729
June 0.0744 0.0730 0.0735
July 0.0744 0.0735 0.0738
August 0.0746 0.0737 0.0740
September 0.0755 0.0741 0.0747
October 0.0759 0.0742 0.0747
November 0.0755 0.0744 0.0749
December 0.0761 0.0748 0.0754