2021 JMD to RWF Historical Review

YEARLY HIGH

6.9569 RWF

YEARLY LOW

6.4172 RWF

YEARLY AVERAGE

6.6495 RWF

2021 JMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 4, valuing the pair at 6.9569. Conversely, the yearly low was recorded on July 23, dropping to 6.4172.

This high-to-low spread represents a total annual volatility of 0.5397 RWF. From a start-to-finish perspective, comparing the January average rate of 6.8534 to the December average rate of 6.6237, the exchange rate registered a net change of -3.35% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 6.9569 was down 3.35% compared to the 2020 peak of 7.1982, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 34,784 RWF

2020 Average 33,740 RWF

Yearly Trough Low 32,086 RWF

Transaction Impact: A difference of 2,698.57 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

6.8852

6.5038

JanuMarcMayJulySeptNove

JMD 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 6.6781, compared to 6.6209 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0572 points.

H1 Avg (Jan–Jun) 6.6781

H2 Avg (Jul–Dec) 6.6209

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.3906 RWF (High: 6.8940 / Low: 6.5034). On the other end, September was the most stable month, with a tight range of 0.1749 RWF (High: 6.8388 / Low: 6.6639).

October Spread (Volatile) ±0.3906

September Spread (Stable) ±0.1749

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 January and February, when the average rate fell by 0.2457 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2457

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 6.8534) against the same month in 2020 (average: 7.0148), the exchange rate shifted by -0.1614 (-2.30%).

2021 Avg (January) 6.8534

2020 Avg (January) 7.0148

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	6.9569	6.7088	6.8534
February	6.7619	6.5297	6.6076
March	6.8267	6.5309	6.6968
April	6.8093	6.4216	6.6364
May	6.7240	6.4835	6.6065
June	6.7574	6.5592	6.6676
July	6.7293	6.4172	6.5672
August	6.6629	6.4577	6.5487
September	6.8388	6.6639	6.7399
October	6.8940	6.5034	6.7104
November	6.6508	6.4691	6.5356
December	6.7787	6.4399	6.6237