YEARLY HIGH
1.9327 RWF
YEARLY LOW
1.8055 RWF
YEARLY AVERAGE
1.8649 RWF

2020 SYP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SYP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1.9327. Conversely, the yearly low was recorded on February 15, dropping to 1.8055.

This high-to-low spread represents a total annual volatility of 0.1272 RWF. From a start-to-finish perspective, comparing the January average rate of 1.8322 to the December average rate of 1.9257, the exchange rate registered a net change of 5.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1.9327 was up 5.00% compared to the 2019 peak of 1.8406, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,663 RWF
2019 Average 8,849 RWF
Yearly Trough Low 9,028 RWF
Transaction Impact: A difference of 635.84 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1.9355
1.8182
JanuMarcMayJulySeptNove

SYP 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 1.8356, compared to 1.8942 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0586 points.

H1 Avg (Jan–Jun) 1.8356
H2 Avg (Jul–Dec) 1.8942

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0503 RWF (High: 1.9153 / Low: 1.8650). On the other end, December was the most stable month, with a tight range of 0.0169 RWF (High: 1.9327 / Low: 1.9158).

October Spread (Volatile) ±0.0503
December Spread (Stable) ±0.0169

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0058 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0058

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1.9257) against the same month in 2019 (average: 1.8146), the exchange rate shifted by +0.1111 (+6.12%).

2020 Avg (December) 1.9257
2019 Avg (December) 1.8146

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.8503 1.8154 1.8322
February 1.8474 1.8055 1.8280
March 1.8600 1.8140 1.8352
April 1.8539 1.8197 1.8373
May 1.8589 1.8194 1.8315
June 1.8602 1.8199 1.8496
July 1.8681 1.8486 1.8598
August 1.8908 1.8561 1.8801
September 1.8945 1.8599 1.8817
October 1.9153 1.8650 1.8995
November 1.9282 1.9007 1.9183
December 1.9327 1.9158 1.9257