2021 FKP to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 FKP to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the FKP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 1419.4229. Conversely, the yearly low was recorded on January 8, dropping to 1322.4876.
This high-to-low spread represents a total annual volatility of 96.9354 RWF. From a start-to-finish perspective, comparing the January average rate of 1347.9503 to the December average rate of 1360.9272, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1419.4229 was up 4.78% compared to the 2020 peak of 1354.6396, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
FKP 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: Jan–Jun) was 1376.8003, compared to 1377.7847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9845 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 66.4117 RWF (High: 1389.9123 / Low: 1323.5006). On the other end, August was the most stable month, with a tight range of 33.0171 RWF (High: 1403.6931 / Low: 1370.6760).
Growth Streaks & Declines
TrendsBetween 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 October and November, when the average rate fell by 14.1957 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2021: 1397.5227) against the same month in 2020 (average: 1188.0729), the exchange rate shifted by +209.4499 (+17.63%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1362.4991 | 1322.4876 | 1347.9503 |
| February | 1399.1520 | 1348.4335 | 1373.1286 |
| March | 1383.2096 | 1347.8056 | 1367.8877 |
| April | 1399.4174 | 1352.0990 | 1372.8362 |
| May | 1419.1921 | 1377.8228 | 1401.4761 |
| June | 1419.4229 | 1365.5891 | 1397.5227 |
| July | 1406.8302 | 1361.7457 | 1386.2741 |
| August | 1403.6931 | 1370.6760 | 1390.1723 |
| September | 1399.1536 | 1354.5465 | 1383.5134 |
| October | 1399.9492 | 1351.1134 | 1380.0085 |
| November | 1389.5728 | 1343.8530 | 1365.8128 |
| December | 1389.9123 | 1323.5006 | 1360.9272 |