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2021 MUR to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the MUR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 11, valuing the pair at 25.2252. Conversely, the yearly low was recorded on December 21, dropping to 22.9411.
This high-to-low spread represents a total annual volatility of 2.2842 RWF. From a start-to-finish perspective, comparing the January average rate of 25.0012 to the December average rate of 23.4777, the exchange rate registered a net change of -6.09% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 25.2252 was down 3.41% compared to the 2020 peak of 26.1155, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MUR based on timing:
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MUR to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: JanâJun) was 24.6522, compared to 23.5374 in the second half (H2: JulâDec). This shows that the rate was stronger in the first half (JanâJun) by a margin of 1.1148 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was June, with a trading range of 1.3390 RWF (High: 24.7423 / Low: 23.4033). On the other end, February was the most stable month, with a tight range of 0.3410 RWF (High: 25.0580 / Low: 24.7170).
Growth Streaks & Declines
TrendsBetween July and September, 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 June and July, when the average rate fell by 0.8988 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 25.0012) against the same month in 2020 (average: 25.7888), the exchange rate shifted by -0.7875 (-3.05%).
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| Month | High | Low | Average |
|---|---|---|---|
| January | 25.2252 | 24.7498 | 25.0012 |
| February | 25.0580 | 24.7170 | 24.8930 |
| March | 24.9168 | 24.2292 | 24.5838 |
| April | 24.8157 | 24.1110 | 24.5371 |
| May | 24.9604 | 24.1543 | 24.5543 |
| June | 24.7423 | 23.4033 | 24.3439 |
| July | 23.7081 | 23.1031 | 23.4451 |
| August | 23.7902 | 23.3791 | 23.6290 |
| September | 23.9031 | 23.2288 | 23.6698 |
| October | 23.8863 | 23.1101 | 23.5452 |
| November | 23.8874 | 23.2130 | 23.4577 |
| December | 24.0889 | 22.9411 | 23.4777 |