2021 RWF to JPY Historical Review

YEARLY HIGH

0.1150 JPY

YEARLY LOW

0.1037 JPY

YEARLY AVERAGE

0.1097 JPY

2021 RWF to JPY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to JPY exchange rate experienced significant fluctuation. The market reached its absolute peak on October 15, valuing the pair at 0.1150. Conversely, the yearly low was recorded on January 3, dropping to 0.1037.

This high-to-low spread represents a total annual volatility of 0.0113 JPY. From a start-to-finish perspective, comparing the January average rate of 0.1050 to the December average rate of 0.1113, the exchange rate registered a net change of 5.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1150 was down 3.68% compared to the 2020 peak of 0.1193, 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 575 JPY

2020 Average 558 JPY

Yearly Trough Low 518 JPY

Transaction Impact: A difference of 56.42 JPY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1129

0.1043

JanuMarcMayJulySeptNove

RWF to JPY 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 0.1087, compared to 0.1107 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0020 points.

H1 Avg (Jan–Jun) 0.1087

H2 Avg (Jul–Dec) 0.1107

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 0.0052 JPY (High: 0.1150 / Low: 0.1097). On the other end, February was the most stable month, with a tight range of 0.0018 JPY (High: 0.1073 / Low: 0.1055).

October Spread (Volatile) ±0.0052

February Spread (Stable) ±0.0018

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 July and August, when the average rate fell by 0.0009 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0009

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 0.1122) against the same month in 2020 (average: 0.1081), the exchange rate shifted by +0.0041 (+3.80%).

2021 Avg (October) 0.1122

2020 Avg (October) 0.1081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1068	0.1037	0.1050
February	0.1073	0.1055	0.1065
March	0.1120	0.1078	0.1102
April	0.1130	0.1080	0.1100
May	0.1110	0.1085	0.1097
June	0.1127	0.1092	0.1104
July	0.1117	0.1086	0.1099
August	0.1105	0.1082	0.1090
September	0.1113	0.1083	0.1094
October	0.1150	0.1097	0.1122
November	0.1133	0.1103	0.1122
December	0.1138	0.1089	0.1113