YEARLY HIGH
135.0083 RWF
YEARLY LOW
125.1198 RWF
YEARLY AVERAGE
129.3947 RWF

2021 GTQ to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GTQ to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 135.0083. Conversely, the yearly low was recorded on January 8, dropping to 125.1198.

This high-to-low spread represents a total annual volatility of 9.8886 RWF. From a start-to-finish perspective, comparing the January average rate of 126.7927 to the December average rate of 132.2981, the exchange rate registered a net change of 4.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 135.0083 was up 6.19% compared to the 2020 peak of 127.1345, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 675,042 RWF
2020 Average 619,717 RWF
Yearly Trough Low 625,599 RWF
Transaction Impact: A difference of 49,442.92 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

132.8486
126.2422
JanuMarcMayJulySeptNove

GTQ 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 128.1788, compared to 130.6106 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.4318 points.

H1 Avg (Jan–Jun) 128.1788
H2 Avg (Jul–Dec) 130.6106

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 5.7058 RWF (High: 135.0083 / Low: 129.3025). On the other end, August was the most stable month, with a tight range of 1.5562 RWF (High: 130.4930 / Low: 128.9368).

December Spread (Volatile) ±5.7058
August Spread (Stable) ±1.5562

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0863 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0863

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 132.2981) against the same month in 2020 (average: 126.5359), the exchange rate shifted by +5.7621 (+4.55%).

2021 Avg (December) 132.2981
2020 Avg (December) 126.5359

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 127.5989 125.1198 126.7927
February 128.9567 126.6033 127.7940
March 128.9007 126.6000 127.9067
April 129.6579 126.6620 128.6096
May 130.3810 127.6951 129.0281
June 130.0132 126.9690 128.9418
July 129.9764 127.7613 129.5198
August 130.4930 128.9368 130.1152
September 130.5630 128.6558 130.1067
October 131.5407 128.5706 130.3193
November 133.8157 129.8243 131.3043
December 135.0083 129.3025 132.2981