2021 IQD to RWF Historical Review

YEARLY HIGH

0.7104 RWF

YEARLY LOW

0.6667 RWF

YEARLY AVERAGE

0.6857 RWF

2021 IQD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IQD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.7104. Conversely, the yearly low was recorded on January 8, dropping to 0.6667.

This high-to-low spread represents a total annual volatility of 0.0437 RWF. From a start-to-finish perspective, comparing the January average rate of 0.6757 to the December average rate of 0.7003, the exchange rate registered a net change of 3.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7104 was down 14.48% compared to the 2020 peak of 0.8307, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,552 RWF

2020 Average 4,000 RWF

Yearly Trough Low 3,333 RWF

Transaction Impact: A difference of 218.57 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7028

0.6733

JanuMarcMayJulySeptNove

IQD 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 0.6789, compared to 0.6926 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0137 points.

H1 Avg (Jan–Jun) 0.6789

H2 Avg (Jul–Dec) 0.6926

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0257 RWF (High: 0.7104 / Low: 0.6847). On the other end, August was the most stable month, with a tight range of 0.0070 RWF (High: 0.6916 / Low: 0.6846).

December Spread (Volatile) ±0.0257

August Spread (Stable) ±0.0070

Growth Streaks & Declines

Trends

Between March and August, 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: 0.7003) against the same month in 2020 (average: 0.7891), the exchange rate shifted by -0.0888 (-11.25%).

2021 Avg (December) 0.7003

2020 Avg (December) 0.7891

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.6793	0.6667	0.6757
February	0.6808	0.6718	0.6775
March	0.6813	0.6686	0.6757
April	0.6858	0.6684	0.6797
May	0.6865	0.6735	0.6817
June	0.6895	0.6729	0.6831
July	0.6904	0.6779	0.6878
August	0.6916	0.6846	0.6905
September	0.6920	0.6817	0.6897
October	0.6973	0.6815	0.6908
November	0.7102	0.6884	0.6962
December	0.7104	0.6847	0.7003