2021 ARS to RWF Historical Review

YEARLY HIGH

11.8120 RWF

YEARLY LOW

9.8283 RWF

YEARLY AVERAGE

10.5560 RWF

2021 ARS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ARS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 11.8120. Conversely, the yearly low was recorded on December 25, dropping to 9.8283.

This high-to-low spread represents a total annual volatility of 1.9837 RWF. From a start-to-finish perspective, comparing the January average rate of 11.5033 to the December average rate of 10.0409, the exchange rate registered a net change of -12.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.8120 was down 25.72% compared to the 2020 peak of 15.9017, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 59,060 RWF

2020 Average 68,399 RWF

Yearly Trough Low 49,142 RWF

Transaction Impact: A difference of 9,918.25 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

11.6496

9.8946

JanuMarcMayJulySeptNove

ARS 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 10.8800, compared to 10.2320 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6480 points.

H1 Avg (Jan–Jun) 10.8800

H2 Avg (Jul–Dec) 10.2320

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.5867 RWF (High: 11.8120 / Low: 11.2253). On the other end, August was the most stable month, with a tight range of 0.1353 RWF (High: 10.4381 / Low: 10.3028).

January Spread (Volatile) ±0.5867

August Spread (Stable) ±0.1353

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3439 points.

Longest Streak 0 Mo.

Sharpest MoM Drop -0.3439

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 11.5033) against the same month in 2020 (average: 15.7457), the exchange rate shifted by -4.2424 (-26.94%).

2021 Avg (January) 11.5033

2020 Avg (January) 15.7457

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	11.8120	11.2253	11.5033
February	11.3232	11.0293	11.1594
March	10.9972	10.6920	10.8442
April	10.8743	10.5313	10.7093
May	10.7605	10.4703	10.5877
June	10.5723	10.2973	10.4757
July	10.5052	10.2734	10.4321
August	10.4381	10.3028	10.3721
September	10.3276	10.0974	10.2509
October	10.2915	10.0305	10.1686
November	10.2847	9.9990	10.1271
December	10.2434	9.8283	10.0409