2021 KZT to RWF Historical Review

YEARLY HIGH

2.3942 RWF

YEARLY LOW

2.2719 RWF

YEARLY AVERAGE

2.3469 RWF

2021 KZT to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the KZT to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 23, valuing the pair at 2.3942. Conversely, the yearly low was recorded on April 16, dropping to 2.2719.

This high-to-low spread represents a total annual volatility of 0.1222 RWF. From a start-to-finish perspective, comparing the January average rate of 2.3474 to the December average rate of 2.3416, the exchange rate registered a net change of -0.25% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3942 was down 5.36% compared to the 2020 peak of 2.5297, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 11,971 RWF

2020 Average 11,581 RWF

Yearly Trough Low 11,360 RWF

Transaction Impact: A difference of 611.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3727

2.3011

JanuMarcMayJulySeptNove

KZT 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 2.3371, compared to 2.3567 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0197 points.

H1 Avg (Jan–Jun) 2.3371

H2 Avg (Jul–Dec) 2.3567

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1126 RWF (High: 2.3929 / Low: 2.2803). On the other end, August was the most stable month, with a tight range of 0.0308 RWF (High: 2.3753 / Low: 2.3445).

December Spread (Volatile) ±0.1126

August Spread (Stable) ±0.0308

Growth Streaks & Declines

Trends

Between April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0392 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0392

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 2.3667) against the same month in 2020 (average: 2.2650), the exchange rate shifted by +0.1017 (+4.49%).

2021 Avg (October) 2.3667

2020 Avg (October) 2.2650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.3668	2.3145	2.3474
February	2.3923	2.3297	2.3626
March	2.3656	2.3152	2.3463
April	2.3287	2.2719	2.3071
May	2.3445	2.3066	2.3260
June	2.3582	2.3051	2.3330
July	2.3674	2.3241	2.3503
August	2.3753	2.3445	2.3655
September	2.3743	2.3382	2.3641
October	2.3942	2.3343	2.3667
November	2.3928	2.3254	2.3522
December	2.3929	2.2803	2.3416