2021 HTG to RWF Historical Review

YEARLY HIGH

13.8767 RWF

YEARLY LOW

9.8300 RWF

YEARLY AVERAGE

11.3027 RWF

2021 HTG to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the HTG to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 12, valuing the pair at 13.8767. Conversely, the yearly low was recorded on December 25, dropping to 9.8300.

This high-to-low spread represents a total annual volatility of 4.0467 RWF. From a start-to-finish perspective, comparing the January average rate of 13.5450 to the December average rate of 10.1628, the exchange rate registered a net change of -24.97% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.8767 was down 11.43% compared to the 2020 peak of 15.6681, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,383 RWF

2020 Average 53,217 RWF

Yearly Trough Low 49,150 RWF

Transaction Impact: A difference of 20,233.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.8848

9.8080

JanuMarcMayJulySeptNove

HTG 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 12.2984, compared to 10.3070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.9915 points.

H1 Avg (Jan–Jun) 12.2984

H2 Avg (Jul–Dec) 10.3070

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.9783 RWF (High: 12.5158 / Low: 11.5375). On the other end, October was the most stable month, with a tight range of 0.4056 RWF (High: 10.3535 / Low: 9.9480).

April Spread (Volatile) ±0.9783

October Spread (Stable) ±0.4056

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 February and March, when the average rate fell by 0.7976 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.7976

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 13.5450) against the same month in 2020 (average: 9.6071), the exchange rate shifted by +3.9380 (+40.99%).

2021 Avg (January) 13.5450

2020 Avg (January) 9.6071

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.8767	13.2415	13.5450
February	13.7897	13.0206	13.4229
March	13.1065	12.2741	12.6253
April	12.5158	11.5375	12.0808
May	11.7202	10.8682	11.2884
June	11.1647	10.5427	10.8282
July	11.0269	10.4512	10.6262
August	10.7819	10.1371	10.3632
September	10.4925	9.9515	10.2563
October	10.3535	9.9480	10.1477
November	10.5554	10.1474	10.2857
December	10.4989	9.8300	10.1628