2021 RWF to MMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 RWF to MMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the RWF to MMK exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 1.9618. Conversely, the yearly low was recorded on January 6, dropping to 1.3362.
This high-to-low spread represents a total annual volatility of 0.6255 MMK. From a start-to-finish perspective, comparing the January average rate of 1.3467 to the December average rate of 1.7413, the exchange rate registered a net change of 29.30% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2021 high of 1.9618 was up 23.94% compared to the 2020 peak of 1.5828, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
RWF to MMK 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 1.4827, compared to 1.7339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2512 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was September, with a trading range of 0.2410 MMK (High: 1.8710 / Low: 1.6300). On the other end, August was the most stable month, with a tight range of 0.0203 MMK (High: 1.6479 / Low: 1.6276).
Growth Streaks & Declines
TrendsBetween January and June, 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 October and November, when the average rate fell by 0.1122 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2021: 1.8726) against the same month in 2020 (average: 1.3278), the exchange rate shifted by +0.5448 (+41.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1.3615 | 1.3362 | 1.3467 |
| February | 1.4353 | 1.3377 | 1.4158 |
| March | 1.4419 | 1.4186 | 1.4282 |
| April | 1.5807 | 1.4093 | 1.4504 |
| May | 1.6623 | 1.5479 | 1.6044 |
| June | 1.6738 | 1.6363 | 1.6507 |
| July | 1.6623 | 1.6340 | 1.6399 |
| August | 1.6479 | 1.6276 | 1.6333 |
| September | 1.8710 | 1.6300 | 1.7558 |
| October | 1.9618 | 1.7751 | 1.8726 |
| November | 1.8054 | 1.7119 | 1.7604 |
| December | 1.7849 | 1.7051 | 1.7413 |