YEARLY HIGH
13.9186 RWF
YEARLY LOW
13.1096 RWF
YEARLY AVERAGE
13.5452 RWF

2021 INR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the INR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 13.9186. Conversely, the yearly low was recorded on April 16, dropping to 13.1096.

This high-to-low spread represents a total annual volatility of 0.8090 RWF. From a start-to-finish perspective, comparing the January average rate of 13.5144 to the December average rate of 13.5607, the exchange rate registered a net change of 0.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 13.9186 was up 2.63% compared to the 2020 peak of 13.5621, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 250,000 INR based on timing:

Yearly Peak High 3,479,655 RWF
2020 Average 3,229,347 RWF
Yearly Trough Low 3,277,412 RWF
Transaction Impact: A difference of 202,243.11 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

13.7156
13.2879
JanuMarcMayJulySeptNove

INR 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 13.5233, compared to 13.5671 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0438 points.

H1 Avg (Jan–Jun) 13.5233
H2 Avg (Jul–Dec) 13.5671

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.5909 RWF (High: 13.8178 / Low: 13.2269). On the other end, February was the most stable month, with a tight range of 0.2328 RWF (High: 13.7074 / Low: 13.4746).

December Spread (Volatile) ±0.5909
February Spread (Stable) ±0.2328

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.2385 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2385

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 13.6410) against the same month in 2020 (average: 13.2537), the exchange rate shifted by +0.3873 (+2.92%).

2021 Avg (November) 13.6410
2020 Avg (November) 13.2537

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 13.6264 13.2871 13.5144
February 13.7074 13.4746 13.5892
March 13.7396 13.4318 13.5620
April 13.5573 13.1096 13.3235
May 13.7922 13.4397 13.6025
June 13.7439 13.2576 13.5481
July 13.5683 13.2977 13.4646
August 13.8121 13.4835 13.5976
September 13.8272 13.4800 13.6800
October 13.6029 13.2776 13.4589
November 13.9186 13.4238 13.6410
December 13.8178 13.2269 13.5607