2021 NIO to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 NIO to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the NIO to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 29.5085. Conversely, the yearly low was recorded on March 18, dropping to 27.8292.
This high-to-low spread represents a total annual volatility of 1.6794 RWF. From a start-to-finish perspective, comparing the January average rate of 28.2697 to the December average rate of 28.9431, the exchange rate registered a net change of 2.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 29.5085 was up 3.81% compared to the 2020 peak of 28.4264, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
NIO to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 28.3232, compared to 28.7372 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4140 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 1.2745 RWF (High: 29.5085 / Low: 28.2340). On the other end, August was the most stable month, with a tight range of 0.2948 RWF (High: 28.7427 / Low: 28.4478).
Growth Streaks & Declines
TrendsBetween March and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.1279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2021: 28.9431) against the same month in 2020 (average: 28.3309), the exchange rate shifted by +0.6122 (+2.16%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 28.4611 | 27.8373 | 28.2697 |
| February | 28.6195 | 28.0314 | 28.3231 |
| March | 28.4792 | 27.8292 | 28.1952 |
| April | 28.6684 | 27.8649 | 28.3648 |
| May | 28.6634 | 28.0057 | 28.3712 |
| June | 28.8035 | 27.9007 | 28.4151 |
| July | 28.8282 | 28.0453 | 28.6421 |
| August | 28.7427 | 28.4478 | 28.6931 |
| September | 28.7658 | 28.2270 | 28.6518 |
| October | 28.9199 | 28.2979 | 28.6524 |
| November | 29.3917 | 28.5309 | 28.8408 |
| December | 29.5085 | 28.2340 | 28.9431 |