2019 RWF to NGN Historical Review

YEARLY HIGH

0.4166 NGN

YEARLY LOW

0.3338 NGN

YEARLY AVERAGE

0.3951 NGN

2019 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 5, valuing the pair at 0.4166. Conversely, the yearly low was recorded on August 26, dropping to 0.3338.

This high-to-low spread represents a total annual volatility of 0.0828 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4086 to the December average rate of 0.3880, the exchange rate registered a net change of -5.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.4166 was down 2.57% compared to the 2018 peak of 0.4276, 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 2,083 NGN

2018 Average 2,080 NGN

Yearly Trough Low 1,669 NGN

Transaction Impact: A difference of 414.05 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.4112

0.3802

JanuMarcMayJulySeptNove

RWF to NGN 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 0.3991, compared to 0.3912 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0078 points.

H1 Avg (Jan–Jun) 0.3991

H2 Avg (Jul–Dec) 0.3912

Volatility Range Comparison

Volatility

The most volatile month in 2019 was August, with a trading range of 0.0671 NGN (High: 0.4008 / Low: 0.3338). On the other end, April was the most stable month, with a tight range of 0.0034 NGN (High: 0.4006 / Low: 0.3971).

August Spread (Volatile) ±0.0671

April Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0148 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0148

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.4086) against the same month in 2018 (average: 0.4219), the exchange rate shifted by -0.0134 (-3.16%).

2019 Avg (January) 0.4086

2018 Avg (January) 0.4219

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4166	0.4032	0.4086
February	0.4085	0.4021	0.4052
March	0.4085	0.3983	0.4017
April	0.4006	0.3971	0.3985
May	0.3993	0.3956	0.3975
June	0.3979	0.3376	0.3828
July	0.3965	0.3929	0.3943
August	0.4008	0.3338	0.3920
September	0.3948	0.3901	0.3922
October	0.3934	0.3897	0.3913
November	0.3945	0.3879	0.3895
December	0.3940	0.3823	0.3880