YEARLY HIGH
764.8400 RWF
YEARLY LOW
727.7107 RWF
YEARLY AVERAGE
745.2208 RWF

2021 BND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 764.8400. Conversely, the yearly low was recorded on April 3, dropping to 727.7107.

This high-to-low spread represents a total annual volatility of 37.1293 RWF. From a start-to-finish perspective, comparing the January average rate of 744.6847 to the December average rate of 750.0922, the exchange rate registered a net change of 0.73% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 764.8400 was up 1.99% compared to the 2020 peak of 749.9360, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,824,200 RWF
2020 Average 3,472,295 RWF
Yearly Trough Low 3,638,554 RWF
Transaction Impact: A difference of 185,646.29 RWF purely based on transaction execution date.

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751.5474
734.0855
JanuMarcMayJulySeptNove

BND 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 744.2675, compared to 746.1741 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9066 points.

H1 Avg (Jan–Jun) 744.2675
H2 Avg (Jul–Dec) 746.1741

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 34.6219 RWF (High: 764.8400 / Low: 730.2180). On the other end, January was the most stable month, with a tight range of 16.1398 RWF (High: 752.3717 / Low: 736.2319).

December Spread (Volatile) Âą34.6219
January Spread (Stable) Âą16.1398

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 9.9977 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -9.9977

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 750.0922) against the same month in 2020 (average: 741.2411), the exchange rate shifted by +8.8512 (+1.19%).

2021 Avg (December) 750.0922
2020 Avg (December) 741.2411

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Month High Low Average
January 752.3717 736.2319 744.6847
February 753.4776 736.0617 745.5384
March 745.8985 727.8363 735.5406
April 752.2890 727.7107 743.0691
May 757.5584 739.9511 748.8429
June 757.4136 732.8396 747.9293
July 748.8520 728.1061 741.1050
August 750.9946 734.6504 743.7705
September 754.1387 735.7340 747.2789
October 755.4909 734.6784 746.4786
November 760.3611 735.2818 748.3193
December 764.8400 730.2180 750.0922