2021 IRR to RWF Historical Review

YEARLY HIGH

0.0247 RWF

YEARLY LOW

0.0232 RWF

YEARLY AVERAGE

0.0237 RWF

2021 IRR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the IRR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.0247. Conversely, the yearly low was recorded on January 8, dropping to 0.0232.

This high-to-low spread represents a total annual volatility of 0.0016 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0235 to the December average rate of 0.0242, the exchange rate registered a net change of 3.12% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0247 was up 4.97% compared to the 2020 peak of 0.0235, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 124 RWF

2020 Average 114 RWF

Yearly Trough Low 116 RWF

Transaction Impact: A difference of 7.77 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0243

0.0234

JanuMarcMayJulySeptNove

IRR 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 0.0236, compared to 0.0239 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0004 points.

H1 Avg (Jan–Jun) 0.0236

H2 Avg (Jul–Dec) 0.0239

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0010 RWF (High: 0.0247 / Low: 0.0237). On the other end, August was the most stable month, with a tight range of 0.0003 RWF (High: 0.0240 / Low: 0.0237).

December Spread (Volatile) ±0.0010

August Spread (Stable) ±0.0003

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 0.0001 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0001

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0242) against the same month in 2020 (average: 0.0235), the exchange rate shifted by +0.0007 (+3.16%).

2021 Avg (December) 0.0242

2020 Avg (December) 0.0235

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0237	0.0232	0.0235
February	0.0236	0.0233	0.0235
March	0.0236	0.0232	0.0234
April	0.0238	0.0232	0.0236
May	0.0239	0.0234	0.0236
June	0.0239	0.0234	0.0237
July	0.0239	0.0235	0.0238
August	0.0240	0.0237	0.0239
September	0.0239	0.0236	0.0239
October	0.0241	0.0236	0.0239
November	0.0245	0.0238	0.0240
December	0.0247	0.0237	0.0242