YEARLY HIGH
8.3329 RWF
YEARLY LOW
7.5571 RWF
YEARLY AVERAGE
7.8871 RWF

2021 ISK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ISK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 2, valuing the pair at 8.3329. Conversely, the yearly low was recorded on January 15, dropping to 7.5571.

This high-to-low spread represents a total annual volatility of 0.7759 RWF. From a start-to-finish perspective, comparing the January average rate of 7.6864 to the December average rate of 7.8602, the exchange rate registered a net change of 2.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.3329 was up 5.85% compared to the 2020 peak of 7.8724, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 41,665 RWF
2020 Average 35,449 RWF
Yearly Trough Low 37,785 RWF
Transaction Impact: A difference of 3,879.32 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.2180
7.6380
JanuMarcMayJulySeptNove

ISK 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 7.8802, compared to 7.8939 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 7.8802
H2 Avg (Jul–Dec) 7.8939

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.3884 RWF (High: 8.1206 / Low: 7.7322). On the other end, October was the most stable month, with a tight range of 0.2021 RWF (High: 7.8959 / Low: 7.6938).

April Spread (Volatile) ±0.3884
October Spread (Stable) ±0.2021

Growth Streaks & Declines

Trends

Between January and June, 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 0.1313 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.1313

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 8.1697) against the same month in 2020 (average: 6.9959), the exchange rate shifted by +1.1738 (+16.78%).

2021 Avg (June) 8.1697
2020 Avg (June) 6.9959

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 7.7925 7.5571 7.6864
February 7.8754 7.5780 7.7154
March 7.9348 7.6312 7.7534
April 8.1206 7.7322 7.8801
May 8.2680 7.9024 8.0765
June 8.3329 7.9694 8.1697
July 8.1567 7.8428 8.0699
August 8.1485 7.8661 7.9889
September 7.9855 7.7248 7.8577
October 7.8959 7.6938 7.8112
November 7.9003 7.6298 7.7757
December 8.0148 7.6855 7.8602