YEARLY HIGH
98.3186 RWF
YEARLY LOW
86.1247 RWF
YEARLY AVERAGE
92.9592 RWF

2020 TJS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TJS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 11, valuing the pair at 98.3186. Conversely, the yearly low was recorded on November 10, dropping to 86.1247.

This high-to-low spread represents a total annual volatility of 12.1939 RWF. From a start-to-finish perspective, comparing the January average rate of 97.3360 to the December average rate of 87.2020, the exchange rate registered a net change of -10.41% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 98.3186 was up 0.54% compared to the 2019 peak of 97.7914, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491,593 RWF
2019 Average 478,418 RWF
Yearly Trough Low 430,623 RWF
Transaction Impact: A difference of 60,969.67 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

98.3494
86.1886
JanuMarcMayJulySeptNove

TJS 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 94.4602, compared to 91.4581 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.0020 points.

H1 Avg (Jan–Jun) 94.4602
H2 Avg (Jul–Dec) 91.4581

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 8.8938 RWF (High: 95.0185 / Low: 86.1247). On the other end, December was the most stable month, with a tight range of 0.7381 RWF (High: 87.4875 / Low: 86.7493).

November Spread (Volatile) ±8.8938
December Spread (Stable) ±0.7381

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 6.0066 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.0066

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2020: 96.1665) against the same month in 2019 (average: 95.0422), the exchange rate shifted by +1.1243 (+1.18%).

2020 Avg (March) 96.1665
2019 Avg (March) 95.0422

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 97.9196 96.4364 97.3360
February 98.0887 95.9086 97.1150
March 98.3186 91.9416 96.1665
April 93.2706 91.3734 92.2051
May 93.0538 91.1093 91.7184
June 92.7005 90.8069 92.2202
July 92.8540 92.0027 92.5444
August 93.7282 92.0792 93.2700
September 93.9719 92.2370 93.2562
October 94.9852 92.5242 94.2414
November 95.0185 86.1247 88.2348
December 87.4875 86.7493 87.2020