2019 TND to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 TND to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 339.7267. Conversely, the yearly low was recorded on March 9, dropping to 288.3162.
This high-to-low spread represents a total annual volatility of 51.4105 RWF. From a start-to-finish perspective, comparing the January average rate of 300.1649 to the December average rate of 329.3327, the exchange rate registered a net change of 9.72% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 339.7267 was down 6.41% compared to the 2018 peak of 362.9999, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
TND 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 300.3487, compared to 323.4130 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.0643 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was June, with a trading range of 18.9406 RWF (High: 320.9297 / Low: 301.9891). On the other end, April was the most stable month, with a tight range of 4.3375 RWF (High: 301.3869 / Low: 297.0493).
Growth Streaks & Declines
TrendsBetween March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 3.9781 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 329.3327) against the same month in 2018 (average: 300.1438), the exchange rate shifted by +29.1889 (+9.72%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 303.2359 | 295.0406 | 300.1649 |
| February | 301.9838 | 289.0851 | 296.1868 |
| March | 299.7434 | 288.3162 | 295.8759 |
| April | 301.3869 | 297.0493 | 299.3638 |
| May | 303.9003 | 299.3639 | 301.6081 |
| June | 320.9297 | 301.9891 | 308.8924 |
| July | 319.8416 | 315.0622 | 317.6141 |
| August | 322.9141 | 315.9932 | 319.5476 |
| September | 323.4662 | 318.6622 | 321.7753 |
| October | 328.7306 | 321.6531 | 325.4758 |
| November | 328.7985 | 323.9392 | 326.7323 |
| December | 339.7267 | 321.2535 | 329.3327 |