2020 TND to RWF Historical Review

YEARLY HIGH

368.6767 RWF

YEARLY LOW

320.4580 RWF

YEARLY AVERAGE

341.4509 RWF

2020 TND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 368.6767. Conversely, the yearly low was recorded on March 21, dropping to 320.4580.

This high-to-low spread represents a total annual volatility of 48.2186 RWF. From a start-to-finish perspective, comparing the January average rate of 335.4640 to the December average rate of 365.6190, the exchange rate registered a net change of 8.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 368.6767 was up 8.52% compared to the 2019 peak of 339.7267, 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 1,843,383 RWF

2019 Average 1,559,923 RWF

Yearly Trough Low 1,602,290 RWF

Transaction Impact: A difference of 241,093.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

369.7289

320.4097

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 330.0552, compared to 352.8466 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 22.7914 points.

H1 Avg (Jan–Jun) 330.0552

H2 Avg (Jul–Dec) 352.8466

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 19.3524 RWF (High: 339.8104 / Low: 320.4580). On the other end, December was the most stable month, with a tight range of 6.1678 RWF (High: 368.6767 / Low: 362.5088).

March Spread (Volatile) ±19.3524

December Spread (Stable) ±6.1678

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 March and April, when the average rate fell by 4.9490 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -4.9490

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 365.6190) against the same month in 2019 (average: 329.3327), the exchange rate shifted by +36.2863 (+11.02%).

2020 Avg (December) 365.6190

2019 Avg (December) 329.3327

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	343.4052	330.2428	335.4640
February	336.7982	326.8318	331.1625
March	339.8104	320.4580	330.4804
April	330.3063	322.4420	325.5314
May	329.2047	321.6499	324.5197
June	336.6975	329.9515	333.1734
July	347.9150	332.0946	338.7513
August	354.5185	344.5025	351.6982
September	354.7209	343.7612	349.7658
October	356.2001	345.3263	353.1202
November	361.6978	352.3974	358.1250
December	368.6767	362.5088	365.6190