2021 RWF to CDF Historical Review

YEARLY HIGH

2.0419 CDF

YEARLY LOW

1.9186 CDF

YEARLY AVERAGE

1.9889 CDF

2021 RWF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 16, valuing the pair at 2.0419. Conversely, the yearly low was recorded on December 18, dropping to 1.9186.

This high-to-low spread represents a total annual volatility of 0.1234 CDF. From a start-to-finish perspective, comparing the January average rate of 1.9975 to the December average rate of 1.9565, the exchange rate registered a net change of -2.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.0419 was down 2.47% compared to the 2020 peak of 2.0937, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 10,210 CDF

2020 Average 9,662 CDF

Yearly Trough Low 9,593 CDF

Transaction Impact: A difference of 616.92 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0195

1.9508

JanuMarcMayJulySeptNove

RWF to CDF 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 2.0031, compared to 1.9746 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0285 points.

H1 Avg (Jan–Jun) 2.0031

H2 Avg (Jul–Dec) 1.9746

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0834 CDF (High: 2.0020 / Low: 1.9186). On the other end, August was the most stable month, with a tight range of 0.0210 CDF (High: 1.9891 / Low: 1.9681).

December Spread (Volatile) ±0.0834

August Spread (Stable) ±0.0210

Growth Streaks & Declines

Trends

Between January and March, 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 November and December, when the average rate fell by 0.0166 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0166

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 2.0053) against the same month in 2020 (average: 1.8214), the exchange rate shifted by +0.1839 (+10.10%).

2021 Avg (April) 2.0053

2020 Avg (April) 1.8214

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.0205	1.9795	1.9975
February	2.0142	1.9927	2.0011
March	2.0367	1.9781	2.0138
April	2.0419	1.9810	2.0053
May	2.0284	1.9851	2.0047
June	2.0310	1.9736	1.9965
July	2.0232	1.9721	1.9855
August	1.9891	1.9681	1.9731
September	2.0126	1.9665	1.9778
October	2.0211	1.9499	1.9818
November	2.0000	1.9323	1.9732
December	2.0020	1.9186	1.9565