YEARLY HIGH
73.9492 RWF
YEARLY LOW
62.0732 RWF
YEARLY AVERAGE
67.8562 RWF

2021 SZL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 7, valuing the pair at 73.9492. Conversely, the yearly low was recorded on December 3, dropping to 62.0732.

This high-to-low spread represents a total annual volatility of 11.8759 RWF. From a start-to-finish perspective, comparing the January average rate of 65.4635 to the December average rate of 64.4169, the exchange rate registered a net change of -1.60% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 73.9492 was up 9.17% compared to the 2020 peak of 67.7401, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 369,746 RWF
2020 Average 292,752 RWF
Yearly Trough Low 310,366 RWF
Transaction Impact: A difference of 59,379.55 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

72.7493
63.6594
JanuMarcMayJulySeptNove

SZL 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 68.3054, compared to 67.4070 in the second half (H2: JulтАУDec). This shows that the rate was stronger in the first half (JanтАУJun) by a margin of 0.8984 points.

H1 Avg (JanтАУJun) 68.3054
H2 Avg (JulтАУDec) 67.4070

Volatility Range Comparison

Volatility

The most volatile month in 2021 was September, with a trading range of 5.1773 RWF (High: 71.6554 / Low: 66.4781). On the other end, February was the most stable month, with a tight range of 3.4465 RWF (High: 68.8081 / Low: 65.3616).

September Spread (Volatile) ┬▒5.1773
February Spread (Stable) ┬▒3.4465

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 June and July, when the average rate fell by 2.7107 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.7107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 71.9919) against the same month in 2020 (average: 55.4430), the exchange rate shifted by +16.5488 (+29.85%).

2021 Avg (June) 71.9919
2020 Avg (June) 55.4430

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 67.9240 63.6839 65.4635
February 68.8081 65.3616 67.0073
March 67.6641 63.6206 65.8796
April 70.2933 66.7145 68.7105
May 72.4924 68.7418 70.7794
June 73.9492 69.5545 71.9919
July 70.9450 66.9588 69.2811
August 70.1219 65.8100 68.0728
September 71.6554 66.4781 69.2696
October 69.8349 65.9286 67.8275
November 67.5257 63.2454 65.5738
December 66.4554 62.0732 64.4169