2021 HRK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 HRK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the HRK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 163.1972. Conversely, the yearly low was recorded on December 3, dropping to 149.7970.
This high-to-low spread represents a total annual volatility of 13.4002 RWF. From a start-to-finish perspective, comparing the January average rate of 158.9955 to the December average rate of 153.6878, the exchange rate registered a net change of -3.34% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 163.1972 was up 1.32% compared to the 2020 peak of 161.0633, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 HRK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
HRK to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 158.2707, compared to 156.3305 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9402 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was April, with a trading range of 7.1688 RWF (High: 159.6221 / Low: 152.4533). On the other end, August was the most stable month, with a tight range of 3.0789 RWF (High: 159.5817 / Low: 156.5028).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 3.0959 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (May 2021: 160.7418) against the same month in 2020 (average: 135.4294), the exchange rate shifted by +25.3124 (+18.69%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 161.1608 | 156.7047 | 158.9955 |
| February | 159.5787 | 156.0247 | 158.0464 |
| March | 157.9358 | 152.3868 | 154.9506 |
| April | 159.6221 | 152.4533 | 156.7973 |
| May | 163.1972 | 158.4187 | 160.7418 |
| June | 162.6475 | 156.5465 | 160.0928 |
| July | 159.5503 | 154.6102 | 158.1633 |
| August | 159.5817 | 156.5028 | 158.2232 |
| September | 160.1435 | 155.3983 | 158.1305 |
| October | 157.4216 | 153.7059 | 155.6862 |
| November | 156.3719 | 151.4423 | 154.0920 |
| December | 156.2625 | 149.7970 | 153.6878 |