YEARLY HIGH
339.7267 RWF
YEARLY LOW
288.3162 RWF
YEARLY AVERAGE
311.8808 RWF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 1,698,634 RWF
2018 Average 1,654,844 RWF
Yearly Trough Low 1,441,581 RWF
Transaction Impact: A difference of 257,052.42 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

332.6784
292.5302
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 300.3487
H2 Avg (Jul–Dec) 323.4130

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±18.9406
April Spread (Stable) ±4.3375

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 9 Mo.
Sharpest MoM Drop -3.9781

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2019 Avg (December) 329.3327
2018 Avg (December) 300.1438

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