2021 RWF to MZN Historical Review

YEARLY HIGH

0.0768 MZN

YEARLY LOW

0.0555 MZN

YEARLY AVERAGE

0.0656 MZN

2021 RWF to MZN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to MZN exchange rate experienced significant fluctuation. The market reached its absolute peak on January 29, valuing the pair at 0.0768. Conversely, the yearly low was recorded on April 18, dropping to 0.0555.

This high-to-low spread represents a total annual volatility of 0.0213 MZN. From a start-to-finish perspective, comparing the January average rate of 0.0759 to the December average rate of 0.0625, the exchange rate registered a net change of -17.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0768 was up 0.89% compared to the 2020 peak of 0.0761, 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 384 MZN

2020 Average 363 MZN

Yearly Trough Low 277 MZN

Transaction Impact: A difference of 106.62 MZN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0776

0.0578

JanuMarcMayJulySeptNove

RWF to MZN 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 0.0680, compared to 0.0631 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0049 points.

H1 Avg (Jan–Jun) 0.0680

H2 Avg (Jul–Dec) 0.0631

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0130 MZN (High: 0.0684 / Low: 0.0555). On the other end, August was the most stable month, with a tight range of 0.0008 MZN (High: 0.0637 / Low: 0.0629).

April Spread (Volatile) ±0.0130

August Spread (Stable) ±0.0008

Growth Streaks & Declines

Trends

Between May and July, 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 0.0132 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0132

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0759) against the same month in 2020 (average: 0.0663), the exchange rate shifted by +0.0096 (+14.41%).

2021 Avg (January) 0.0759

2020 Avg (January) 0.0663

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0768	0.0751	0.0759
February	0.0766	0.0754	0.0759
March	0.0759	0.0695	0.0737
April	0.0684	0.0555	0.0605
May	0.0615	0.0572	0.0594
June	0.0644	0.0612	0.0627
July	0.0643	0.0630	0.0634
August	0.0637	0.0629	0.0632
September	0.0642	0.0631	0.0634
October	0.0642	0.0627	0.0633
November	0.0635	0.0617	0.0628
December	0.0639	0.0612	0.0625