2020 SGD to RWF Historical Review

YEARLY HIGH

749.5502 RWF

YEARLY LOW

646.6855 RWF

YEARLY AVERAGE

694.3290 RWF

2020 SGD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SGD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 749.5502. Conversely, the yearly low was recorded on March 21, dropping to 646.6855.

This high-to-low spread represents a total annual volatility of 102.8647 RWF. From a start-to-finish perspective, comparing the January average rate of 698.4598 to the December average rate of 741.4190, the exchange rate registered a net change of 6.15% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 749.5502 was up 7.07% compared to the 2019 peak of 700.0493, 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 3,747,751 RWF

2019 Average 3,341,169 RWF

Yearly Trough Low 3,233,428 RWF

Transaction Impact: A difference of 514,323.51 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

749.2908

654.8300

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 674.9642, compared to 713.6937 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.7295 points.

H1 Avg (Jan–Jun) 674.9642

H2 Avg (Jul–Dec) 713.6937

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 39.9257 RWF (High: 686.6112 / Low: 646.6855). On the other end, December was the most stable month, with a tight range of 13.4849 RWF (High: 749.5502 / Low: 736.0653).

March Spread (Volatile) ±39.9257

December Spread (Stable) ±13.4849

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 20.7711 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -20.7711

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 741.4190) against the same month in 2019 (average: 688.9309), the exchange rate shifted by +52.4881 (+7.62%).

2020 Avg (December) 741.4190

2019 Avg (December) 688.9309

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	708.3877	686.8761	698.4598
February	696.0717	668.2259	677.6888
March	686.6112	646.6855	667.0804
April	672.8112	651.1321	662.7017
May	670.0395	656.3108	662.7396
June	688.2447	668.8030	681.1151
July	697.2939	680.3171	687.3691
August	712.0046	692.0163	702.7822
September	710.4667	694.1117	704.4115
October	720.6112	700.1851	715.7185
November	739.1407	715.0414	730.4620
December	749.5502	736.0653	741.4190