2021 JOD to RWF Historical Review

YEARLY HIGH

1472.5137 RWF

YEARLY LOW

1375.7584 RWF

YEARLY AVERAGE

1412.2141 RWF

2021 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 1472.5137. Conversely, the yearly low was recorded on January 8, dropping to 1375.7584.

This high-to-low spread represents a total annual volatility of 96.7553 RWF. From a start-to-finish perspective, comparing the January average rate of 1393.6250 to the December average rate of 1442.3067, the exchange rate registered a net change of 3.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1472.5137 was up 5.33% compared to the 2020 peak of 1397.9755, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,362,569 RWF

2020 Average 6,750,422 RWF

Yearly Trough Low 6,878,792 RWF

Transaction Impact: A difference of 483,776.59 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1447.3131

1387.2358

JanuMarcMayJulySeptNove

JOD 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 1398.7081, compared to 1425.7201 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 27.0120 points.

H1 Avg (Jan–Jun) 1398.7081

H2 Avg (Jul–Dec) 1425.7201

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 62.0765 RWF (High: 1472.5137 / Low: 1410.4372). On the other end, August was the most stable month, with a tight range of 17.1403 RWF (High: 1426.3501 / Low: 1409.2098).

December Spread (Volatile) ±62.0765

August Spread (Stable) ±17.1403

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 3.8726 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -3.8726

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1442.3067) against the same month in 2020 (average: 1393.1231), the exchange rate shifted by +49.1836 (+3.53%).

2021 Avg (December) 1442.3067

2020 Avg (December) 1393.1231

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1404.6750	1375.7584	1393.6250
February	1403.0389	1385.7546	1396.1148
March	1403.2669	1378.7024	1392.2422
April	1411.7508	1378.7024	1399.4318
May	1418.1625	1389.2807	1404.1594
June	1419.4437	1387.1650	1406.6753
July	1420.9878	1396.3329	1415.2620
August	1426.3501	1409.2098	1421.3858
September	1424.6337	1403.3850	1420.1187
October	1434.9669	1403.3850	1422.2550
November	1460.0923	1417.4894	1432.9922
December	1472.5137	1410.4372	1442.3067