YEARLY HIGH
0.1010 RWF
YEARLY LOW
0.0977 RWF
YEARLY AVERAGE
0.0995 RWF

2020 GNF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the GNF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 16, valuing the pair at 0.1010. Conversely, the yearly low was recorded on October 5, dropping to 0.0977.

This high-to-low spread represents a total annual volatility of 0.0033 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0995 to the December average rate of 0.0993, the exchange rate registered a net change of -0.16% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.1010 was down 2.19% compared to the 2019 peak of 0.1033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 505 RWF
2019 Average 494 RWF
Yearly Trough Low 489 RWF
Transaction Impact: A difference of 16.49 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.1006
0.0989
JanuMarcMayJulySeptNove

GNF 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 0.0994, compared to 0.0996 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0994
H2 Avg (Jul–Dec) 0.0996

Volatility Range Comparison

Volatility

The most volatile month in 2020 was October, with a trading range of 0.0027 RWF (High: 0.1004 / Low: 0.0977). On the other end, July was the most stable month, with a tight range of 0.0011 RWF (High: 0.0995 / Low: 0.0984).

October Spread (Volatile) ±0.0027
July Spread (Stable) ±0.0011

Growth Streaks & Declines

Trends

Between September and November, 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 November and December, when the average rate fell by 0.0011 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0011

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2020: 0.1005) against the same month in 2019 (average: 0.0995), the exchange rate shifted by +0.0010 (+0.97%).

2020 Avg (November) 0.1005
2019 Avg (November) 0.0995

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1002 0.0988 0.0995
February 0.1003 0.0985 0.0994
March 0.1008 0.0989 0.0997
April 0.1001 0.0982 0.0994
May 0.1008 0.0983 0.0992
June 0.1004 0.0986 0.0994
July 0.0995 0.0984 0.0991
August 0.1001 0.0988 0.0998
September 0.1002 0.0982 0.0992
October 0.1004 0.0977 0.0995
November 0.1010 0.0997 0.1005
December 0.1007 0.0988 0.0993