YEARLY HIGH
92.5066 RWF
YEARLY LOW
85.7315 RWF
YEARLY AVERAGE
88.1010 RWF

2021 TJS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TJS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 92.5066. Conversely, the yearly low was recorded on April 16, dropping to 85.7315.

This high-to-low spread represents a total annual volatility of 6.7752 RWF. From a start-to-finish perspective, comparing the January average rate of 86.8442 to the December average rate of 90.5577, the exchange rate registered a net change of 4.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 92.5066 was down 5.91% compared to the 2020 peak of 98.3186, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 462,533 RWF
2020 Average 464,763 RWF
Yearly Trough Low 428,657 RWF
Transaction Impact: A difference of 33,875.85 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

90.9508
86.2333
JanuMarcMayJulySeptNove

TJS 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 87.0166, compared to 89.1853 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1686 points.

H1 Avg (Jan–Jun) 87.0166
H2 Avg (Jul–Dec) 89.1853

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 3.9189 RWF (High: 92.5066 / Low: 88.5877). On the other end, August was the most stable month, with a tight range of 0.8675 RWF (High: 88.9827 / Low: 88.1152).

December Spread (Volatile) ±3.9189
August Spread (Stable) ±0.8675

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.2167 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.2167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 90.5577) against the same month in 2020 (average: 87.2020), the exchange rate shifted by +3.3557 (+3.85%).

2021 Avg (December) 90.5577
2020 Avg (December) 87.2020

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 87.5067 85.9823 86.8442
February 87.1685 86.2089 86.8431
March 87.1871 85.8163 86.6265
April 87.7477 85.7315 87.0324
May 88.2249 86.3797 87.3175
June 88.2026 86.2253 87.4363
July 88.3216 86.8176 88.0058
August 88.9827 88.1152 88.3816
September 89.1066 87.7947 88.8054
October 90.3191 87.9939 89.2880
November 91.7555 89.1792 90.0731
December 92.5066 88.5877 90.5577