2019 SZL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 SZL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 67.4681. Conversely, the yearly low was recorded on August 12, dropping to 59.4356.
This high-to-low spread represents a total annual volatility of 8.0325 RWF. From a start-to-finish perspective, comparing the January average rate of 64.0899 to the December average rate of 64.8433, the exchange rate registered a net change of 1.18% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 67.4681 was down 9.37% compared to the 2018 peak of 74.4417, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
SZL to RWF 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 63.3755, compared to 62.9317 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4438 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 6.4074 RWF (High: 67.4681 / Low: 61.0607). On the other end, July was the most stable month, with a tight range of 1.7006 RWF (High: 65.9380 / Low: 64.2375).
Growth Streaks & Declines
TrendsBetween October and December, 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 July and August, when the average rate fell by 4.4416 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 64.0899) against the same month in 2018 (average: 69.9887), the exchange rate shifted by -5.8988 (-8.43%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 67.4681 | 61.0607 | 64.0899 |
| February | 67.0476 | 62.8551 | 64.7318 |
| March | 63.3359 | 61.2794 | 62.4261 |
| April | 64.7567 | 62.4588 | 63.9077 |
| May | 63.8923 | 61.7537 | 62.8604 |
| June | 64.4672 | 60.0495 | 62.2370 |
| July | 65.9380 | 64.2375 | 65.1094 |
| August | 64.4902 | 59.4356 | 60.6679 |
| September | 63.3251 | 60.4599 | 62.1176 |
| October | 63.4441 | 60.3969 | 62.0412 |
| November | 63.7386 | 60.6168 | 62.8111 |
| December | 67.2169 | 62.7986 | 64.8433 |