YEARLY HIGH
173.8812 RWF
YEARLY LOW
163.2240 RWF
YEARLY AVERAGE
169.0988 RWF

2021 GHS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the GHS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 1, valuing the pair at 173.8812. Conversely, the yearly low was recorded on December 21, dropping to 163.2240.

This high-to-low spread represents a total annual volatility of 10.6572 RWF. From a start-to-finish perspective, comparing the January average rate of 168.7999 to the December average rate of 166.4660, the exchange rate registered a net change of -1.38% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 173.8812 was down 2.69% compared to the 2020 peak of 178.6919, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 869,406 RWF
2020 Average 834,870 RWF
Yearly Trough Low 816,120 RWF
Transaction Impact: A difference of 53,285.86 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

173.1062
165.2712
JanuMarcMayJulySeptNove

GHS 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: JanтАУJun) was 171.2117, compared to 166.9859 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 4.2257 points.

H1 Avg (JanтАУJun) 171.2117
H2 Avg (JulтАУDec) 166.9859

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 7.0909 RWF (High: 170.3149 / Low: 163.2240). On the other end, March was the most stable month, with a tight range of 2.8914 RWF (High: 173.3074 / Low: 170.4160).

December Spread (Volatile) ┬▒7.0909
March Spread (Stable) ┬▒2.8914

Growth Streaks & Declines

Trends

Between January and March, 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 June and July, when the average rate fell by 2.5135 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.5135

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 172.4533) against the same month in 2020 (average: 162.7805), the exchange rate shifted by +9.6728 (+5.94%).

2021 Avg (May) 172.4533
2020 Avg (May) 162.7805

рдорд╛рд╕рд┐рдХ рд╡рд┐рд╢реНрд▓реЗрд╖рдг

рдкреНрд░рддреНрдпреЗрдХ рдХреЕрд▓реЗрдВрдбрд░ рдорд╣рд┐рдиреНрдпрд╛рд╕рд╛рдареА рд╕рд╛рдВрдЦреНрдпрд┐рдХреАрдп рд╕рд╛рд░рд╛рдВрд╢.

Month High Low Average
January 170.0984 166.3823 168.7999
February 172.7442 168.9596 170.7944
March 173.3074 170.4160 171.8703
April 173.2233 169.1176 171.7413
May 173.8812 170.7106 172.4533
June 173.3673 168.4075 171.6109
July 171.8190 165.8291 169.0974
August 169.3526 165.9226 167.4358
September 169.3923 164.7351 166.8849
October 167.8317 164.0561 166.1075
November 168.9193 163.8211 165.9241
December 170.3149 163.2240 166.4660