YEARLY HIGH
19.7952 RWF
YEARLY LOW
18.8588 RWF
YEARLY AVERAGE
19.4360 RWF

2021 GMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 19.7952. Conversely, the yearly low was recorded on January 8, dropping to 18.8588.

This high-to-low spread represents a total annual volatility of 0.9364 RWF. From a start-to-finish perspective, comparing the January average rate of 19.1243 to the December average rate of 19.4678, the exchange rate registered a net change of 1.80% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 19.7952 was up 3.35% compared to the 2020 peak of 19.1529, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 98,976 RWF
2020 Average 92,970 RWF
Yearly Trough Low 94,294 RWF
Transaction Impact: A difference of 4,682.02 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

19.7611
19.0664
JanuMarcMayJulySeptNove

GMD 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 19.3262, compared to 19.5459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2198 points.

H1 Avg (Jan–Jun) 19.3262
H2 Avg (Jul–Dec) 19.5459

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.7390 RWF (High: 19.7952 / Low: 19.0562). On the other end, August was the most stable month, with a tight range of 0.2376 RWF (High: 19.7709 / Low: 19.5333).

December Spread (Volatile) ±0.7390
August Spread (Stable) ±0.2376

Growth Streaks & Declines

Trends

Between March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.1256 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1256

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 19.4678) against the same month in 2020 (average: 19.0815), the exchange rate shifted by +0.3863 (+2.02%).

2021 Avg (December) 19.4678
2020 Avg (December) 19.0815

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 19.2527 18.8588 19.1243
February 19.3783 19.0999 19.2466
March 19.4130 19.0732 19.2420
April 19.6033 19.1313 19.3993
May 19.6657 19.2383 19.4441
June 19.6918 19.2278 19.5007
July 19.6966 19.3548 19.6184
August 19.7709 19.5333 19.7032
September 19.7355 19.3016 19.5776
October 19.7532 19.1346 19.4554
November 19.7747 19.2271 19.4531
December 19.7952 19.0562 19.4678