YEARLY HIGH
0.5797 XOF
YEARLY LOW
0.5349 XOF
YEARLY AVERAGE
0.5540 XOF

2021 RWF to XOF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to XOF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 3, valuing the pair at 0.5797. Conversely, the yearly low was recorded on May 25, dropping to 0.5349.

This high-to-low spread represents a total annual volatility of 0.0448 XOF. From a start-to-finish perspective, comparing the January average rate of 0.5457 to the December average rate of 0.5675, the exchange rate registered a net change of 3.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5797 was down 10.98% compared to the 2020 peak of 0.6512, 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 2,899 XOF
2020 Average 3,008 XOF
Yearly Trough Low 2,675 XOF
Transaction Impact: A difference of 224.16 XOF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5700
0.5400
JanuMarcMayJulySeptNove

RWF to XOF 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 0.5490, compared to 0.5590 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0100 points.

H1 Avg (Jan–Jun) 0.5490
H2 Avg (Jul–Dec) 0.5590

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 0.0256 XOF (High: 0.5692 / Low: 0.5436). On the other end, August was the most stable month, with a tight range of 0.0108 XOF (High: 0.5591 / Low: 0.5483).

April Spread (Volatile) ±0.0256
August Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0103 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.0103

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5675) against the same month in 2020 (average: 0.5456), the exchange rate shifted by +0.0218 (+4.00%).

2021 Avg (December) 0.5675
2020 Avg (December) 0.5456

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5543 0.5377 0.5457
February 0.5552 0.5430 0.5480
March 0.5681 0.5479 0.5585
April 0.5692 0.5436 0.5527
May 0.5490 0.5349 0.5425
June 0.5588 0.5373 0.5466
July 0.5629 0.5475 0.5528
August 0.5591 0.5483 0.5530
September 0.5625 0.5469 0.5535
October 0.5683 0.5538 0.5610
November 0.5752 0.5579 0.5662
December 0.5797 0.5586 0.5675