2021 RWF to AFN Historical Review

YEARLY HIGH

0.1153 AFN

YEARLY LOW

0.0774 AFN

YEARLY AVERAGE

0.0832 AFN

2021 RWF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.1153. Conversely, the yearly low was recorded on May 1, dropping to 0.0774.

This high-to-low spread represents a total annual volatility of 0.0378 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0783 to the December average rate of 0.0997, the exchange rate registered a net change of 27.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1153 was up 38.79% compared to the 2020 peak of 0.0831, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 576 AFN

2020 Average 402 AFN

Yearly Trough Low 387 AFN

Transaction Impact: A difference of 189.17 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1018

0.0760

JanuMarcMayJulySeptNove

RWF to AFN 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 0.0784, compared to 0.0881 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0097 points.

H1 Avg (Jan–Jun) 0.0784

H2 Avg (Jul–Dec) 0.0881

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0225 AFN (High: 0.1153 / Low: 0.0927). On the other end, February was the most stable month, with a tight range of 0.0013 AFN (High: 0.0789 / Low: 0.0776).

December Spread (Volatile) ±0.0225

February Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0002 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0997) against the same month in 2020 (average: 0.0780), the exchange rate shifted by +0.0216 (+27.73%).

2021 Avg (December) 0.0997

2020 Avg (December) 0.0780

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0792	0.0776	0.0783
February	0.0789	0.0776	0.0781
March	0.0793	0.0778	0.0785
April	0.0794	0.0775	0.0783
May	0.0792	0.0774	0.0781
June	0.0808	0.0781	0.0789
July	0.0821	0.0787	0.0797
August	0.0857	0.0792	0.0825
September	0.0884	0.0838	0.0861
October	0.0906	0.0883	0.0893
November	0.0940	0.0892	0.0913
December	0.1153	0.0927	0.0997

૨૦૨૫ RWF થી AFN ઐતિહાસિક સમીક્ષા