YEARLY HIGH
247.5860 RWF
YEARLY LOW
234.2364 RWF
YEARLY AVERAGE
241.6569 RWF

2021 MYR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MYR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 247.5860. Conversely, the yearly low was recorded on July 23, dropping to 234.2364.

This high-to-low spread represents a total annual volatility of 13.3496 RWF. From a start-to-finish perspective, comparing the January average rate of 244.6365 to the December average rate of 242.7823, the exchange rate registered a net change of -0.76% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 247.5860 was up 1.10% compared to the 2020 peak of 244.8864, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 20,000 MYR based on timing:

Yearly Peak High 4,951,720 RWF
2020 Average 4,560,312 RWF
Yearly Trough Low 4,684,727 RWF
Transaction Impact: A difference of 266,992.25 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

245.2170
238.2515
JanuMarcMayJulySeptNove

MYR 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 242.0804, compared to 241.2335 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8469 points.

H1 Avg (Jan–Jun) 242.0804
H2 Avg (Jul–Dec) 241.2335

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 11.1335 RWF (High: 247.4842 / Low: 236.3507). On the other end, February was the most stable month, with a tight range of 4.4161 RWF (High: 246.4011 / Low: 241.9850).

December Spread (Volatile) ±11.1335
February Spread (Stable) ±4.4161

Growth Streaks & Declines

Trends

Between August and November, 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 February and March, when the average rate fell by 4.3835 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -4.3835

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 244.6365) against the same month in 2020 (average: 231.3654), the exchange rate shifted by +13.2712 (+5.74%).

2021 Avg (January) 244.6365
2020 Avg (January) 231.3654

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 247.5860 241.7855 244.6365
February 246.4011 241.9850 244.5183
March 244.0777 236.4577 240.1348
April 243.0619 236.7150 240.6247
May 245.6117 239.3328 241.2979
June 243.2132 236.6458 241.2698
July 242.1129 234.2364 238.8364
August 242.6725 235.9220 238.8319
September 244.1280 237.5552 241.6955
October 245.1490 238.2659 242.2096
November 247.2656 237.6740 243.0451
December 247.4842 236.3507 242.7823