YEARLY HIGH
0.9160 RWF
YEARLY LOW
0.8357 RWF
YEARLY AVERAGE
0.8751 RWF

2021 KRW to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KRW to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.9160. Conversely, the yearly low was recorded on October 8, dropping to 0.8357.

This high-to-low spread represents a total annual volatility of 0.0803 RWF. From a start-to-finish perspective, comparing the January average rate of 0.8984 to the December average rate of 0.8634, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.9160 was up 0.37% compared to the 2020 peak of 0.9126, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,580,027 RWF
2020 Average 4,065,545 RWF
Yearly Trough Low 4,178,576 RWF
Transaction Impact: A difference of 401,451.50 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.9030
0.8485
JanuMarcMayJulySeptNove

KRW 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 0.8874, compared to 0.8627 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0247 points.

H1 Avg (Jan–Jun) 0.8874
H2 Avg (Jul–Dec) 0.8627

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0398 RWF (High: 0.9160 / Low: 0.8762). On the other end, February was the most stable month, with a tight range of 0.0201 RWF (High: 0.9014 / Low: 0.8812).

January Spread (Volatile) ±0.0398
February Spread (Stable) ±0.0201

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.0167 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0167

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.8984) against the same month in 2020 (average: 0.8092), the exchange rate shifted by +0.0892 (+11.03%).

2021 Avg (January) 0.8984
2020 Avg (January) 0.8092

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.9160 0.8762 0.8984
February 0.9014 0.8812 0.8901
March 0.8931 0.8623 0.8734
April 0.8968 0.8674 0.8869
May 0.9004 0.8756 0.8875
June 0.9022 0.8721 0.8882
July 0.8899 0.8593 0.8766
August 0.8825 0.8561 0.8684
September 0.8731 0.8430 0.8584
October 0.8655 0.8357 0.8531
November 0.8697 0.8425 0.8564
December 0.8811 0.8443 0.8634