2021 QAR to RWF Historical Review

YEARLY HIGH

286.7378 RWF

YEARLY LOW

267.7836 RWF

YEARLY AVERAGE

274.7535 RWF

2021 QAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the QAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 286.7378. Conversely, the yearly low was recorded on January 8, dropping to 267.7836.

This high-to-low spread represents a total annual volatility of 18.9542 RWF. From a start-to-finish perspective, comparing the January average rate of 271.2592 to the December average rate of 280.8389, the exchange rate registered a net change of 3.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 286.7378 was up 5.34% compared to the 2020 peak of 272.2045, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,433,689 RWF

2020 Average 1,314,410 RWF

Yearly Trough Low 1,338,918 RWF

Transaction Impact: A difference of 94,771.01 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

281.8198

270.0498

JanuMarcMayJulySeptNove

QAR 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 272.3090, compared to 277.1980 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.8889 points.

H1 Avg (Jan–Jun) 272.3090

H2 Avg (Jul–Dec) 277.1980

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 12.0691 RWF (High: 286.7378 / Low: 274.6687). On the other end, February was the most stable month, with a tight range of 3.3657 RWF (High: 273.2092 / Low: 269.8434).

December Spread (Volatile) ±12.0691

February Spread (Stable) ±3.3657

Growth Streaks & Declines

Trends

Between March and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.7887 points.

Longest Streak 9 Mo.

Sharpest MoM Drop -0.7887

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 280.8389) against the same month in 2020 (average: 271.1977), the exchange rate shifted by +9.6413 (+3.56%).

2021 Avg (December) 280.8389

2020 Avg (December) 271.1977

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	273.3337	267.7836	271.2592
February	273.2092	269.8434	271.8194
March	272.9796	268.4702	271.0306
April	274.9245	268.4886	272.5569
May	276.2710	270.5301	273.3791
June	276.3010	270.1181	273.8089
July	276.7043	271.7899	275.1889
August	277.0862	272.1171	275.4968
September	278.5828	273.2766	275.8124
October	279.4200	273.2766	276.8834
November	284.3190	276.0231	278.9673
December	286.7378	274.6687	280.8389