YEARLY HIGH
627.2625 RWF
YEARLY LOW
577.7612 RWF
YEARLY AVERAGE
605.6210 RWF

2021 BAM to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BAM to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 627.2625. Conversely, the yearly low was recorded on December 10, dropping to 577.7612.

This high-to-low spread represents a total annual volatility of 49.5013 RWF. From a start-to-finish perspective, comparing the January average rate of 614.9554 to the December average rate of 590.9645, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 627.2625 was up 0.85% compared to the 2020 peak of 621.9665, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,136,312 RWF
2020 Average 2,794,468 RWF
Yearly Trough Low 2,888,806 RWF
Transaction Impact: A difference of 247,506.57 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

620.8404
588.2485
JanuMarcMayJulySeptNove

BAM 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 610.9489, compared to 600.2930 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 10.6558 points.

H1 Avg (Jan–Jun) 610.9489
H2 Avg (Jul–Dec) 600.2930

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 26.3640 RWF (High: 604.1252 / Low: 577.7612). On the other end, February was the most stable month, with a tight range of 14.3614 RWF (High: 617.6762 / Low: 603.3147).

December Spread (Volatile) ±26.3640
February Spread (Stable) ±14.3614

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 11.1984 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -11.1984

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 618.1244) against the same month in 2020 (average: 523.9993), the exchange rate shifted by +94.1252 (+17.96%).

2021 Avg (May) 618.1244
2020 Avg (May) 523.9993

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 622.9016 607.3222 614.9554
February 617.6762 603.3147 611.7484
March 609.3697 591.5856 600.5500
April 615.8359 589.9300 605.8463
May 627.2625 606.4042 618.1244
June 624.4735 600.6408 614.4688
July 613.7651 595.5399 607.0165
August 613.0079 598.2809 606.4917
September 612.9671 596.7809 606.3999
October 605.7588 590.5146 598.3499
November 600.3116 580.9187 592.5357
December 604.1252 577.7612 590.9645