YEARLY HIGH
8.7120 RWF
YEARLY LOW
8.2191 RWF
YEARLY AVERAGE
8.4726 RWF

2021 NPR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the NPR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 21, valuing the pair at 8.7120. Conversely, the yearly low was recorded on April 23, dropping to 8.2191.

This high-to-low spread represents a total annual volatility of 0.4929 RWF. From a start-to-finish perspective, comparing the January average rate of 8.4463 to the December average rate of 8.4845, the exchange rate registered a net change of 0.45% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 8.7120 was up 2.77% compared to the 2020 peak of 8.4770, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 43,560 RWF
2020 Average 40,401 RWF
Yearly Trough Low 41,096 RWF
Transaction Impact: A difference of 2,464.42 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

8.5796
8.3234
JanuMarcMayJulySeptNove

NPR 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 8.4604, compared to 8.4849 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the second half (JulтАУDec) by a margin of 0.0245 points.

H1 Avg (JanтАУJun) 8.4604
H2 Avg (JulтАУDec) 8.4849

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.3701 RWF (High: 8.6414 / Low: 8.2713). On the other end, February was the most stable month, with a tight range of 0.1393 RWF (High: 8.5826 / Low: 8.4433).

December Spread (Volatile) ┬▒0.3701
February Spread (Stable) ┬▒0.1393

Growth Streaks & Declines

Trends

Between July and September, 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 March and April, when the average rate fell by 0.1426 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.1426

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 8.5298) against the same month in 2020 (average: 8.2809), the exchange rate shifted by +0.2488 (+3.01%).

2021 Avg (November) 8.5298
2020 Avg (November) 8.2809

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 8.5086 8.3178 8.4463
February 8.5826 8.4433 8.5112
March 8.5879 8.3718 8.4873
April 8.5142 8.2191 8.3447
May 8.6129 8.3822 8.4992
June 8.5961 8.2837 8.4736
July 8.4790 8.3152 8.4223
August 8.6441 8.3888 8.4964
September 8.6401 8.4381 8.5583
October 8.5159 8.2954 8.4180
November 8.7120 8.4374 8.5298
December 8.6414 8.2713 8.4845