YEARLY HIGH
0.0731 RWF
YEARLY LOW
0.0671 RWF
YEARLY AVERAGE
0.0700 RWF

2021 IDR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IDR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 0.0731. Conversely, the yearly low was recorded on April 16, dropping to 0.0671.

This high-to-low spread represents a total annual volatility of 0.0060 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0703 to the December average rate of 0.0714, the exchange rate registered a net change of 1.59% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0731 was up 2.13% compared to the 2020 peak of 0.0716, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 10,000,000 IDR based on timing:

Yearly Peak High 730,855 RWF
2020 Average 659,407 RWF
Yearly Trough Low 670,577 RWF
Transaction Impact: A difference of 60,278.10 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0717
0.0679
JanuMarcMayJulySeptNove

IDR 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 0.0694, compared to 0.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0694
H2 Avg (Jul–Dec) 0.0706

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0042 RWF (High: 0.0731 / Low: 0.0688). On the other end, August was the most stable month, with a tight range of 0.0013 RWF (High: 0.0707 / Low: 0.0694).

December Spread (Volatile) ±0.0042
August Spread (Stable) ±0.0013

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0018 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0018

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0714) against the same month in 2020 (average: 0.0700), the exchange rate shifted by +0.0014 (+2.03%).

2021 Avg (December) 0.0714
2020 Avg (December) 0.0700

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0711 0.0690 0.0703
February 0.0714 0.0693 0.0704
March 0.0695 0.0677 0.0686
April 0.0690 0.0671 0.0682
May 0.0706 0.0686 0.0696
June 0.0703 0.0680 0.0695
July 0.0698 0.0684 0.0692
August 0.0707 0.0694 0.0701
September 0.0711 0.0697 0.0706
October 0.0719 0.0697 0.0711
November 0.0725 0.0699 0.0711
December 0.0731 0.0688 0.0714