2021 RWF to SGD Historical Review

YEARLY HIGH

0.0014 SGD

YEARLY LOW

0.0013 SGD

YEARLY AVERAGE

0.0013 SGD

2021 RWF to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on March 18, valuing the pair at 0.0014. Conversely, the yearly low was recorded on December 26, dropping to 0.0013.

This high-to-low spread represents a total annual volatility of 0.0001 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0013 to the December average rate of 0.0013, the exchange rate registered a net change of -0.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0014 was down 11.06% compared to the 2020 peak of 0.0015, 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 7 SGD

2020 Average 7 SGD

Yearly Trough Low 7 SGD

Transaction Impact: A difference of 0.33 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0014

0.0013

JanuMarcMayJulySeptNove

RWF to SGD 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 0.0013, compared to 0.0013 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0000 points.

H1 Avg (Jan–Jun) 0.0013

H2 Avg (Jul–Dec) 0.0013

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0001 SGD (High: 0.0014 / Low: 0.0013). On the other end, February was the most stable month, with a tight range of 0.0000 SGD (High: 0.0014 / Low: 0.0013).

December Spread (Volatile) ±0.0001

February Spread (Stable) ±0.0000

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 0.0000 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2021: 0.0014) against the same month in 2020 (average: 0.0015), the exchange rate shifted by -0.0001 (-9.29%).

2021 Avg (March) 0.0014

2020 Avg (March) 0.0015

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0014	0.0013	0.0013
February	0.0014	0.0013	0.0013
March	0.0014	0.0013	0.0014
April	0.0014	0.0013	0.0013
May	0.0013	0.0013	0.0013
June	0.0014	0.0013	0.0013
July	0.0014	0.0013	0.0014
August	0.0014	0.0013	0.0013
September	0.0014	0.0013	0.0013
October	0.0014	0.0013	0.0013
November	0.0014	0.0013	0.0013
December	0.0014	0.0013	0.0013