YEARLY HIGH
10.5128 GNF
YEARLY LOW
9.0161 GNF
YEARLY AVERAGE
9.8343 GNF

2021 RWF to GNF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to GNF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 10.5128. Conversely, the yearly low was recorded on December 26, dropping to 9.0161.

This high-to-low spread represents a total annual volatility of 1.4967 GNF. From a start-to-finish perspective, comparing the January average rate of 10.3297 to the December average rate of 9.2061, the exchange rate registered a net change of -10.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 10.5128 was up 2.71% compared to the 2020 peak of 10.2353, 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 52,564 GNF
2020 Average 50,257 GNF
Yearly Trough Low 45,080 GNF
Transaction Impact: A difference of 7,483.69 GNF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.4420
9.0937
JanuMarcMayJulySeptNove

RWF to GNF 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 10.1015, compared to 9.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5344 points.

H1 Avg (Jan–Jun) 10.1015
H2 Avg (Jul–Dec) 9.5671

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.4270 GNF (High: 10.5128 / Low: 10.0858). On the other end, August was the most stable month, with a tight range of 0.0862 GNF (High: 9.7666 / Low: 9.6804).

January Spread (Volatile) ±0.4270
August Spread (Stable) ±0.0862

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.2506 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.2506

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 10.3297) against the same month in 2020 (average: 10.0525), the exchange rate shifted by +0.2772 (+2.76%).

2021 Avg (January) 10.3297
2020 Avg (January) 10.0525

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 10.5128 10.0858 10.3297
February 10.4091 10.1927 10.2775
March 10.2797 10.0949 10.2009
April 10.2302 9.9268 10.0473
May 10.0711 9.8040 9.9087
June 9.9797 9.7603 9.8447
July 9.9495 9.6961 9.7741
August 9.7666 9.6804 9.7040
September 9.8191 9.6739 9.7113
October 9.8040 9.5049 9.6288
November 9.5173 9.2011 9.3782
December 9.3600 9.0161 9.2061