YEARLY HIGH
0.0163 TRY
YEARLY LOW
0.0070 TRY
YEARLY AVERAGE
0.0089 TRY

2021 RWF to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0163. Conversely, the yearly low was recorded on February 20, dropping to 0.0070.

This high-to-low spread represents a total annual volatility of 0.0093 TRY. From a start-to-finish perspective, comparing the January average rate of 0.0075 to the December average rate of 0.0132, the exchange rate registered a net change of 75.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0163 was up 87.88% compared to the 2020 peak of 0.0087, 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 82 TRY
2020 Average 37 TRY
Yearly Trough Low 35 TRY
Transaction Impact: A difference of 46.51 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0138
0.0066
JanuMarcMayJulySeptNove

RWF to TRY 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 0.0080, compared to 0.0097 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0018 points.

H1 Avg (Jan–Jun) 0.0080
H2 Avg (Jul–Dec) 0.0097

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0058 TRY (High: 0.0163 / Low: 0.0105). On the other end, January was the most stable month, with a tight range of 0.0003 TRY (High: 0.0076 / Low: 0.0074).

December Spread (Volatile) ±0.0058
January Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0003 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0003

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0132) against the same month in 2020 (average: 0.0078), the exchange rate shifted by +0.0054 (+68.74%).

2021 Avg (December) 0.0132
2020 Avg (December) 0.0078

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0076 0.0074 0.0075
February 0.0075 0.0070 0.0072
March 0.0084 0.0074 0.0078
April 0.0085 0.0080 0.0082
May 0.0086 0.0082 0.0084
June 0.0089 0.0084 0.0087
July 0.0087 0.0084 0.0086
August 0.0086 0.0083 0.0084
September 0.0089 0.0082 0.0085
October 0.0096 0.0087 0.0092
November 0.0132 0.0094 0.0106
December 0.0163 0.0105 0.0132