YEARLY HIGH
1226.2776 RWF
YEARLY LOW
1131.4495 RWF
YEARLY AVERAGE
1184.3628 RWF

2021 EUR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the EUR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 1226.2776. Conversely, the yearly low was recorded on December 3, dropping to 1131.4495.

This high-to-low spread represents a total annual volatility of 94.8280 RWF. From a start-to-finish perspective, comparing the January average rate of 1202.1273 to the December average rate of 1156.0884, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1226.2776 was up 0.86% compared to the 2020 peak of 1215.8470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,131,388 RWF
2020 Average 5,468,923 RWF
Yearly Trough Low 5,657,248 RWF
Transaction Impact: A difference of 474,140.25 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1214.5944
1150.7696
JanuMarcMayJulySeptNove

EUR 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 1195.0323, compared to 1173.6933 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 21.3390 points.

H1 Avg (Jan–Jun) 1195.0323
H2 Avg (Jul–Dec) 1173.6933

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 54.1969 RWF (High: 1206.6080 / Low: 1152.4111). On the other end, August was the most stable month, with a tight range of 23.1233 RWF (High: 1196.2900 / Low: 1173.1667).

April Spread (Volatile) ±54.1969
August Spread (Stable) ±23.1233

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 22.3923 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -22.3923

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 1209.2757) against the same month in 2020 (average: 1027.5321), the exchange rate shifted by +181.7436 (+17.69%).

2021 Avg (May) 1209.2757
2020 Avg (May) 1027.5321

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1220.0096 1183.3791 1202.1273
February 1208.0720 1181.5007 1196.9592
March 1197.1316 1154.6511 1174.5668
April 1206.6080 1152.4111 1186.9362
May 1226.2776 1194.7456 1209.2757
June 1220.9445 1173.9149 1200.3285
July 1198.0450 1165.3791 1186.7369
August 1196.2900 1173.1667 1186.1052
September 1199.4054 1166.1500 1185.1571
October 1184.4200 1154.1705 1169.4173
November 1175.8422 1140.4903 1158.6547
December 1174.2824 1131.4495 1156.0884