2021 RWF to MNT Historical Review

YEARLY HIGH

2.9231 MNT

YEARLY LOW

2.7387 MNT

YEARLY AVERAGE

2.8484 MNT

2021 RWF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.9231. Conversely, the yearly low was recorded on December 18, dropping to 2.7387.

This high-to-low spread represents a total annual volatility of 0.1844 MNT. From a start-to-finish perspective, comparing the January average rate of 2.8887 to the December average rate of 2.7958, the exchange rate registered a net change of -3.21% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.9231 was down 2.78% compared to the 2020 peak of 3.0065, 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 14,615 MNT

2020 Average 14,670 MNT

Yearly Trough Low 13,694 MNT

Transaction Impact: A difference of 921.80 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.8980

2.7865

JanuMarcMayJulySeptNove

RWF to MNT 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 2.8757, compared to 2.8210 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0547 points.

H1 Avg (Jan–Jun) 2.8757

H2 Avg (Jul–Dec) 2.8210

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1158 MNT (High: 2.8546 / Low: 2.7387). On the other end, August was the most stable month, with a tight range of 0.0343 MNT (High: 2.8525 / Low: 2.8182).

December Spread (Volatile) ±0.1158

August Spread (Stable) ±0.0343

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0154 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.8887) against the same month in 2020 (average: 2.8650), the exchange rate shifted by +0.0237 (+0.83%).

2021 Avg (January) 2.8887

2020 Avg (January) 2.8650

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9231	2.8662	2.8887
February	2.9042	2.8697	2.8830
March	2.9130	2.8625	2.8887
April	2.9164	2.8470	2.8749
May	2.8942	2.8341	2.8636
June	2.8951	2.8293	2.8554
July	2.8769	2.8285	2.8401
August	2.8525	2.8182	2.8300
September	2.8539	2.8114	2.8224
October	2.8672	2.7986	2.8266
November	2.8378	2.7611	2.8113
December	2.8546	2.7387	2.7958