2021 RWF to NOK Historical Review

YEARLY HIGH

0.0092 NOK

YEARLY LOW

0.0082 NOK

YEARLY AVERAGE

0.0086 NOK

2021 RWF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.0092. Conversely, the yearly low was recorded on October 23, dropping to 0.0082.

This high-to-low spread represents a total annual volatility of 0.0010 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0086 to the December average rate of 0.0088, the exchange rate registered a net change of 1.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0092 was down 27.05% compared to the 2020 peak of 0.0126, 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 46 NOK

2020 Average 49 NOK

Yearly Trough Low 41 NOK

Transaction Impact: A difference of 4.83 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0088

0.0083

JanuMarcMayJulySeptNove

RWF to NOK 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 0.0085, compared to 0.0087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0085

H2 Avg (Jul–Dec) 0.0087

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0007 NOK (High: 0.0090 / Low: 0.0083). On the other end, May was the most stable month, with a tight range of 0.0002 NOK (High: 0.0085 / Low: 0.0082).

November Spread (Volatile) ±0.0007

May Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between May and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0002 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0088) against the same month in 2020 (average: 0.0088), the exchange rate shifted by -0.0000 (-0.42%).

2021 Avg (December) 0.0088

2020 Avg (December) 0.0088

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0088	0.0085	0.0086
February	0.0087	0.0084	0.0086
March	0.0088	0.0085	0.0086
April	0.0087	0.0082	0.0085
May	0.0085	0.0082	0.0083
June	0.0088	0.0083	0.0085
July	0.0090	0.0085	0.0087
August	0.0090	0.0086	0.0088
September	0.0087	0.0085	0.0086
October	0.0087	0.0082	0.0084
November	0.0090	0.0083	0.0086
December	0.0092	0.0085	0.0088

૨૦૨૫ RWF થી NOK ઐતિહાસિક સમીક્ષા