YEARLY HIGH
0.0218 MXN
YEARLY LOW
0.0197 MXN
YEARLY AVERAGE
0.0203 MXN

2021 RWF to MXN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to MXN exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.0218. Conversely, the yearly low was recorded on July 2, dropping to 0.0197.

This high-to-low spread represents a total annual volatility of 0.0021 MXN. From a start-to-finish perspective, comparing the January average rate of 0.0202 to the December average rate of 0.0204, the exchange rate registered a net change of 1.10% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0218 was down 19.06% compared to the 2020 peak of 0.0269, 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 109 MXN
2020 Average 112 MXN
Yearly Trough Low 98 MXN
Transaction Impact: A difference of 10.51 MXN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0212
0.0198
JanuMarcMayJulySeptNove

RWF to MXN 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 0.0204, compared to 0.0202 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0204
H2 Avg (Jul–Dec) 0.0202

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0017 MXN (High: 0.0217 / Low: 0.0201). On the other end, May was the most stable month, with a tight range of 0.0005 MXN (High: 0.0203 / Low: 0.0198).

November Spread (Volatile) ±0.0017
May Spread (Stable) ±0.0005

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 March and April, when the average rate fell by 0.0008 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0210) against the same month in 2020 (average: 0.0236), the exchange rate shifted by -0.0026 (-11.01%).

2021 Avg (March) 0.0210
2020 Avg (March) 0.0236

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0210 0.0198 0.0202
February 0.0211 0.0201 0.0205
March 0.0218 0.0206 0.0210
April 0.0207 0.0198 0.0202
May 0.0203 0.0198 0.0201
June 0.0209 0.0197 0.0201
July 0.0203 0.0197 0.0199
August 0.0203 0.0197 0.0199
September 0.0205 0.0197 0.0199
October 0.0207 0.0198 0.0203
November 0.0217 0.0201 0.0206
December 0.0213 0.0199 0.0204