YEARLY HIGH
15.9017 RWF
YEARLY LOW
11.7490 RWF
YEARLY AVERAGE
13.6847 RWF

2020 ARS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ARS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 15.9017. Conversely, the yearly low was recorded on December 30, dropping to 11.7490.

This high-to-low spread represents a total annual volatility of 4.1527 RWF. From a start-to-finish perspective, comparing the January average rate of 15.7457 to the December average rate of 11.9626, the exchange rate registered a net change of -24.03% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 15.9017 was down 34.38% compared to the 2019 peak of 24.2330, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 79,508 RWF
2019 Average 97,183 RWF
Yearly Trough Low 58,745 RWF
Transaction Impact: A difference of 20,763.28 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

16.1240
11.5842
JanuMarcMayJulySeptNove

ARS 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 14.6766, compared to 12.6929 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9838 points.

H1 Avg (Jan–Jun) 14.6766
H2 Avg (Jul–Dec) 12.6929

Volatility Range Comparison

Volatility

The most volatile month in 2020 was February, with a trading range of 0.7008 RWF (High: 15.7517 / Low: 15.0509). On the other end, August was the most stable month, with a tight range of 0.1862 RWF (High: 13.2229 / Low: 13.0367).

February Spread (Volatile) ±0.7008
August Spread (Stable) ±0.1862

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.5771 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.5771

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 15.7457) against the same month in 2019 (average: 23.8077), the exchange rate shifted by -8.0620 (-33.86%).

2020 Avg (January) 15.7457
2019 Avg (January) 23.8077

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 15.9017 15.5554 15.7457
February 15.7517 15.0509 15.3664
March 15.3015 14.6091 14.9722
April 14.6907 14.0926 14.3951
May 14.2213 13.6627 13.9208
June 13.8489 13.5431 13.6596
July 13.5403 13.1604 13.3704
August 13.2229 13.0367 13.1425
September 13.0205 12.6143 12.8100
October 12.6972 12.4115 12.5532
November 12.4861 12.1621 12.3184
December 12.1391 11.7490 11.9626