2020 ZAR to RWF Historical Review

YEARLY HIGH

68.0217 RWF

YEARLY LOW

49.0763 RWF

YEARLY AVERAGE

58.5113 RWF

2020 ZAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 68.0217. Conversely, the yearly low was recorded on April 23, dropping to 49.0763.

This high-to-low spread represents a total annual volatility of 18.9454 RWF. From a start-to-finish perspective, comparing the January average rate of 65.5038 to the December average rate of 66.4338, the exchange rate registered a net change of 1.42% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 68.0217 was up 0.25% compared to the 2019 peak of 67.8490, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 3,401,083 RWF

2019 Average 3,156,361 RWF

Yearly Trough Low 2,453,814 RWF

Transaction Impact: A difference of 947,269.19 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

68.0098

49.0978

JanuMarcMayJulySeptNove

ZAR 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 57.1194, compared to 59.9032 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.7838 points.

H1 Avg (Jan–Jun) 57.1194

H2 Avg (Jul–Dec) 59.9032

Volatility Range Comparison

Volatility

The most volatile month in 2020 was March, with a trading range of 9.2674 RWF (High: 61.8091 / Low: 52.5417). On the other end, July was the most stable month, with a tight range of 2.7031 RWF (High: 58.2913 / Low: 55.5881).

March Spread (Volatile) ±9.2674

July Spread (Stable) ±2.7031

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 6.0591 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.0591

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 65.5038) against the same month in 2019 (average: 64.3210), the exchange rate shifted by +1.1828 (+1.84%).

2020 Avg (January) 65.5038

2019 Avg (January) 64.3210

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	68.0217	62.4714	65.5038
February	63.8591	59.6701	62.5477
March	61.8091	52.5417	56.7329
April	52.5079	49.0763	50.6738
May	54.4929	49.6042	51.8017
June	57.7020	54.3077	55.4561
July	58.2913	55.5881	56.8961
August	58.3468	53.8620	55.8995
September	59.4568	55.9025	57.5722
October	60.3063	57.5988	59.2167
November	65.2297	60.1254	63.4007
December	67.9973	64.5780	66.4338