YEARLY HIGH
0.8625 CLP
YEARLY LOW
0.6969 CLP
YEARLY AVERAGE
0.7588 CLP

2021 RWF to CLP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to CLP exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.8625. Conversely, the yearly low was recorded on April 20, dropping to 0.6969.

This high-to-low spread represents a total annual volatility of 0.1657 CLP. From a start-to-finish perspective, comparing the January average rate of 0.7324 to the December average rate of 0.8310, the exchange rate registered a net change of 13.47% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.8625 was down 6.57% compared to the 2020 peak of 0.9232, 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 4,313 CLP
2020 Average 4,141 CLP
Yearly Trough Low 3,484 CLP
Transaction Impact: A difference of 828.45 CLP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.8427
0.7028
JanuMarcMayJulySeptNove

RWF to CLP 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 0.7264, compared to 0.7911 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0646 points.

H1 Avg (Jan–Jun) 0.7264
H2 Avg (Jul–Dec) 0.7911

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0548 CLP (High: 0.8625 / Low: 0.8077). On the other end, March was the most stable month, with a tight range of 0.0290 CLP (High: 0.7460 / Low: 0.7169).

December Spread (Volatile) ±0.0548
March Spread (Stable) ±0.0290

Growth Streaks & Declines

Trends

Between April and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0209 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.0209

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.8310) against the same month in 2020 (average: 0.7396), the exchange rate shifted by +0.0914 (+12.36%).

2021 Avg (December) 0.8310
2020 Avg (December) 0.7396

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7530 0.7069 0.7324
February 0.7503 0.7087 0.7299
March 0.7460 0.7169 0.7354
April 0.7317 0.6969 0.7145
May 0.7331 0.7000 0.7153
June 0.7562 0.7162 0.7312
July 0.7699 0.7314 0.7499
August 0.7835 0.7511 0.7751
September 0.8043 0.7601 0.7802
October 0.8279 0.7953 0.8080
November 0.8259 0.7774 0.8023
December 0.8625 0.8077 0.8310