2021 CVE to RWF Historical Review

YEARLY HIGH

11.0814 RWF

YEARLY LOW

10.1833 RWF

YEARLY AVERAGE

10.7013 RWF

2021 CVE to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the CVE to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 26, valuing the pair at 11.0814. Conversely, the yearly low was recorded on December 3, dropping to 10.1833.

This high-to-low spread represents a total annual volatility of 0.8981 RWF. From a start-to-finish perspective, comparing the January average rate of 10.8611 to the December average rate of 10.4348, the exchange rate registered a net change of -3.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 11.0814 was up 0.95% compared to the 2020 peak of 10.9769, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 55,407 RWF

2020 Average 49,310 RWF

Yearly Trough Low 50,916 RWF

Transaction Impact: A difference of 4,490.68 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.9627

10.3868

JanuMarcMayJulySeptNove

CVE 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 10.7904, compared to 10.6122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1782 points.

H1 Avg (Jan–Jun) 10.7904

H2 Avg (Jul–Dec) 10.6122

Volatility Range Comparison

Volatility

The most volatile month in 2021 was June, with a trading range of 0.5581 RWF (High: 11.0577 / Low: 10.4996). On the other end, August was the most stable month, with a tight range of 0.1981 RWF (High: 10.8303 / Low: 10.6322).

June Spread (Volatile) ±0.5581

August Spread (Stable) ±0.1981

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 0.2051 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.2051

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 10.9147) against the same month in 2020 (average: 9.2745), the exchange rate shifted by +1.6402 (+17.69%).

2021 Avg (May) 10.9147

2020 Avg (May) 9.2745

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9985	10.7216	10.8611
February	10.9014	10.6760	10.8090
March	10.7790	10.4250	10.6039
April	10.8733	10.4200	10.7115
May	11.0814	10.6671	10.9147
June	11.0577	10.4996	10.8422
July	10.8041	10.5096	10.7120
August	10.8303	10.6322	10.7455
September	10.8466	10.5375	10.7238
October	10.6799	10.4232	10.5722
November	10.6815	10.2859	10.4850
December	10.6207	10.1833	10.4348