2021 GEL to RWF Historical Review

YEARLY HIGH

337.7967 RWF

YEARLY LOW

284.6821 RWF

YEARLY AVERAGE

311.7045 RWF

2021 GEL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GEL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 337.7967. Conversely, the yearly low was recorded on April 30, dropping to 284.6821.

This high-to-low spread represents a total annual volatility of 53.1146 RWF. From a start-to-finish perspective, comparing the January average rate of 299.1403 to the December average rate of 330.1818, the exchange rate registered a net change of 10.38% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 337.7967 was down 1.58% compared to the 2020 peak of 343.2207, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,688,983 RWF

2020 Average 1,540,534 RWF

Yearly Trough Low 1,423,410 RWF

Transaction Impact: A difference of 265,572.98 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

334.3123

284.7466

JanuMarcMayJulySeptNove

GEL 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 298.9955, compared to 324.4135 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4179 points.

H1 Avg (Jan–Jun) 298.9955

H2 Avg (Jul–Dec) 324.4135

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 21.1216 RWF (High: 307.4588 / Low: 286.3372). On the other end, February was the most stable month, with a tight range of 5.3029 RWF (High: 301.5435 / Low: 296.2406).

May Spread (Volatile) ±21.1216

February Spread (Stable) ±5.3029

Growth Streaks & Declines

Trends

Between April and August, 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 March and April, when the average rate fell by 6.9870 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -6.9870

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 330.1818) against the same month in 2020 (average: 299.8167), the exchange rate shifted by +30.3651 (+10.13%).

2021 Avg (December) 330.1818

2020 Avg (December) 299.8167

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	303.6089	294.5619	299.1403
February	301.5435	296.2406	298.6365
March	299.2229	289.9191	295.8640
April	292.3611	284.6821	288.8770
May	307.4588	286.3372	295.2319
June	320.9613	306.2990	316.2235
July	327.4119	315.9746	321.4745
August	327.8062	322.4837	325.0186
September	325.2396	319.9357	323.9761
October	325.5324	317.3844	321.8536
November	332.8635	318.0380	323.9763
December	337.7967	321.0273	330.1818

૨૦૨૫ GEL થી RWF ઐતિહાસિક સમીક્ષા