YEARLY HIGH
0.1323 ISK
YEARLY LOW
0.1200 ISK
YEARLY AVERAGE
0.1268 ISK

2021 RWF to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 15, valuing the pair at 0.1323. Conversely, the yearly low was recorded on June 2, dropping to 0.1200.

This high-to-low spread represents a total annual volatility of 0.0123 ISK. From a start-to-finish perspective, comparing the January average rate of 0.1301 to the December average rate of 0.1272, the exchange rate registered a net change of -2.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1323 was down 16.15% compared to the 2020 peak of 0.1578, 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 662 ISK
2020 Average 707 ISK
Yearly Trough Low 600 ISK
Transaction Impact: A difference of 61.60 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1309
0.1217
JanuMarcMayJulySeptNove

RWF to ISK 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 0.1270, compared to 0.1267 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.1270
H2 Avg (Jul–Dec) 0.1267

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0062 ISK (High: 0.1293 / Low: 0.1231). On the other end, October was the most stable month, with a tight range of 0.0033 ISK (High: 0.1300 / Low: 0.1266).

April Spread (Volatile) ±0.0062
October Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between June and November, 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 April and May, when the average rate fell by 0.0031 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.1301) against the same month in 2020 (average: 0.1309), the exchange rate shifted by -0.0008 (-0.58%).

2021 Avg (January) 0.1301
2020 Avg (January) 0.1309

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.1323 0.1283 0.1301
February 0.1320 0.1270 0.1296
March 0.1310 0.1260 0.1290
April 0.1293 0.1231 0.1269
May 0.1265 0.1209 0.1238
June 0.1255 0.1200 0.1224
July 0.1275 0.1226 0.1239
August 0.1271 0.1227 0.1252
September 0.1295 0.1252 0.1273
October 0.1300 0.1266 0.1280
November 0.1311 0.1266 0.1286
December 0.1301 0.1248 0.1272