2020 SZL to RWF Historical Review

YEARLY HIGH

67.7401 RWF

YEARLY LOW

49.1626 RWF

YEARLY AVERAGE

58.5544 RWF

2020 SZL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 67.7401. Conversely, the yearly low was recorded on April 23, dropping to 49.1626.

This high-to-low spread represents a total annual volatility of 18.5775 RWF. From a start-to-finish perspective, comparing the January average rate of 65.7303 to the December average rate of 66.2972, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 67.7401 was up 0.40% compared to the 2019 peak of 67.4681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 338,701 RWF

2019 Average 315,724 RWF

Yearly Trough Low 245,813 RWF

Transaction Impact: A difference of 92,887.63 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

67.8415

49.3097

JanuMarcMayJulySeptNove

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)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 57.2544, compared to 59.8544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6000 points.

H1 Avg (Jan–Jun) 57.2544

H2 Avg (Jul–Dec) 59.8544

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 8.7098 RWF (High: 61.7413 / Low: 53.0315). On the other end, July was the most stable month, with a tight range of 2.7535 RWF (High: 58.0796 / Low: 55.3261).

March Spread (Volatile) ±8.7098

July Spread (Stable) ±2.7535

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 March and April, when the average rate fell by 6.0791 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.0791

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 66.2972) against the same month in 2019 (average: 64.8433), the exchange rate shifted by +1.4539 (+2.24%).

2020 Avg (December) 66.2972

2019 Avg (December) 64.8433

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	67.5246	63.4518	65.7303
February	64.2696	61.1452	62.8230
March	61.7413	53.0315	56.9332
April	52.8364	49.1626	50.8541
May	54.4621	50.2712	51.7427
June	57.5744	54.3954	55.4430
July	58.0796	55.3261	56.9168
August	57.8236	53.9977	55.9601
September	59.5930	55.8085	57.5022
October	60.5895	57.3574	59.1094
November	65.0592	59.9939	63.3407
December	67.7401	64.4600	66.2972