YEARLY HIGH
700.0493 RWF
YEARLY LOW
641.1750 RWF
YEARLY AVERAGE
668.1894 RWF

2019 SGD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 700.0493. Conversely, the yearly low was recorded on January 3, dropping to 641.1750.

This high-to-low spread represents a total annual volatility of 58.8743 RWF. From a start-to-finish perspective, comparing the January average rate of 655.8784 to the December average rate of 688.9309, the exchange rate registered a net change of 5.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 700.0493 was up 5.97% compared to the 2018 peak of 660.6021, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 3,500,247 RWF
2018 Average 3,219,776 RWF
Yearly Trough Low 3,205,875 RWF
Transaction Impact: A difference of 294,371.52 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

692.2361
652.5732
JanuMarcMayJulySeptNove

SGD to RWF 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 661.8411, compared to 674.5376 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.6965 points.

H1 Avg (Jan–Jun) 661.8411
H2 Avg (Jul–Dec) 674.5376

Volatility Range Comparison

Volatility

The most volatile month in 2019 was January, with a trading range of 27.4430 RWF (High: 668.6180 / Low: 641.1750). On the other end, April was the most stable month, with a tight range of 7.5843 RWF (High: 670.6647 / Low: 663.0804).

January Spread (Volatile) ±27.4430
April Spread (Stable) ±7.5843

Growth Streaks & Declines

Trends

Between August and December, 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 July and August, when the average rate fell by 10.3230 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -10.3230

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2019: 688.9309) against the same month in 2018 (average: 643.9801), the exchange rate shifted by +44.9508 (+6.98%).

2019 Avg (December) 688.9309
2018 Avg (December) 643.9801

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 668.6180 641.1750 655.8784
February 665.8244 652.2138 659.0506
March 669.6449 647.4864 662.0500
April 670.6647 663.0804 666.2637
May 665.9806 655.4005 661.0936
June 674.8580 655.2676 666.7103
July 676.3831 667.0230 671.4631
August 665.3597 649.8035 661.1401
September 672.0940 661.3479 668.0790
October 680.4727 665.7835 674.7104
November 686.5006 675.7379 682.9022
December 700.0493 673.1697 688.9309