2021 CDF to RWF Historical Review

YEARLY HIGH

0.5212 RWF

YEARLY LOW

0.4897 RWF

YEARLY AVERAGE

0.5029 RWF

2021 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5212. Conversely, the yearly low was recorded on April 16, dropping to 0.4897.

This high-to-low spread represents a total annual volatility of 0.0315 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5006 to the December average rate of 0.5112, the exchange rate registered a net change of 2.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5212 was down 21.38% compared to the 2020 peak of 0.6630, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,606 RWF

2020 Average 2,595 RWF

Yearly Trough Low 2,449 RWF

Transaction Impact: A difference of 157.47 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5126

0.4952

JanuMarcMayJulySeptNove

CDF 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 0.4992, compared to 0.5065 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0072 points.

H1 Avg (Jan–Jun) 0.4992

H2 Avg (Jul–Dec) 0.5065

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0217 RWF (High: 0.5212 / Low: 0.4995). On the other end, August was the most stable month, with a tight range of 0.0054 RWF (High: 0.5081 / Low: 0.5027).

December Spread (Volatile) ±0.0217

August Spread (Stable) ±0.0054

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0031 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5112) against the same month in 2020 (average: 0.5065), the exchange rate shifted by +0.0047 (+0.92%).

2021 Avg (December) 0.5112

2020 Avg (December) 0.5065

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.5052	0.4949	0.5006
February	0.5018	0.4965	0.4997
March	0.5055	0.4910	0.4966
April	0.5048	0.4897	0.4987
May	0.5037	0.4930	0.4988
June	0.5067	0.4924	0.5009
July	0.5071	0.4943	0.5037
August	0.5081	0.5027	0.5068
September	0.5085	0.4969	0.5056
October	0.5129	0.4948	0.5046
November	0.5175	0.5000	0.5068
December	0.5212	0.4995	0.5112