2021 MMK to RWF Historical Review

YEARLY HIGH

0.7484 RWF

YEARLY LOW

0.5097 RWF

YEARLY AVERAGE

0.6283 RWF

2021 MMK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MMK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.7484. Conversely, the yearly low was recorded on October 8, dropping to 0.5097.

This high-to-low spread represents a total annual volatility of 0.2386 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7426 to the December average rate of 0.5743, the exchange rate registered a net change of -22.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.7484 was down 2.07% compared to the 2020 peak of 0.7642, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,742 RWF

2020 Average 3,486 RWF

Yearly Trough Low 2,549 RWF

Transaction Impact: A difference of 1,193.16 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.7634

0.5136

JanuMarcMayJulySeptNove

MMK 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 0.6782, compared to 0.5784 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0998 points.

H1 Avg (Jan–Jun) 0.6782

H2 Avg (Jul–Dec) 0.5784

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 0.0790 RWF (High: 0.6135 / Low: 0.5345). On the other end, August was the most stable month, with a tight range of 0.0076 RWF (High: 0.6144 / Low: 0.6069).

September Spread (Volatile) ±0.0790

August Spread (Stable) ±0.0076

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0668 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0668

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.7426) against the same month in 2020 (average: 0.6425), the exchange rate shifted by +0.1000 (+15.57%).

2021 Avg (January) 0.7426

2020 Avg (January) 0.6425

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7484	0.7345	0.7426
February	0.7476	0.6967	0.7065
March	0.7049	0.6935	0.7002
April	0.7096	0.6326	0.6906
May	0.6460	0.6016	0.6237
June	0.6111	0.5974	0.6058
July	0.6120	0.6016	0.6098
August	0.6144	0.6069	0.6123
September	0.6135	0.5345	0.5714
October	0.5633	0.5097	0.5344
November	0.5841	0.5539	0.5682
December	0.5865	0.5602	0.5743