2020 RWF to VEF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2020.
2020 RWF to VEF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2020
During 2020, the RWF to VEF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 14, valuing the pair at 267.1910. Conversely, the yearly low was recorded on December 27, dropping to 250.7027.
This high-to-low spread represents a total annual volatility of 16.4883 VEF. From a start-to-finish perspective, comparing the January average rate of 263.3706 to the December average rate of 251.6011, the exchange rate registered a net change of -4.47% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2020 high of 267.1910 was down 5.91% compared to the 2019 peak of 283.9859, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2020.
RWF to VEF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 263.3082, compared to 256.0769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.2313 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2020 was October, with a trading range of 7.0472 VEF (High: 260.1965 / Low: 253.1493). On the other end, December was the most stable month, with a tight range of 2.2109 VEF (High: 252.9136 / Low: 250.7027).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.8261 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2020: 263.9580) against the same month in 2019 (average: 278.5326), the exchange rate shifted by -14.5746 (-5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 265.7622 | 260.7564 | 263.3706 |
| February | 267.1910 | 261.1881 | 263.9580 |
| March | 265.7622 | 259.4939 | 263.0442 |
| April | 265.7622 | 260.7928 | 263.3988 |
| May | 266.1639 | 260.5331 | 264.3254 |
| June | 265.7622 | 260.3127 | 261.7520 |
| July | 262.0359 | 259.7215 | 260.5131 |
| August | 261.5659 | 256.9746 | 258.2396 |
| September | 261.2909 | 256.3070 | 258.1674 |
| October | 260.1965 | 253.1493 | 255.3413 |
| November | 254.8591 | 251.2814 | 252.5985 |
| December | 252.9136 | 250.7027 | 251.6011 |