YEARLY HIGH
334.7806 RWF
YEARLY LOW
294.1609 RWF
YEARLY AVERAGE
309.9547 RWF

2021 ILS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ILS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 334.7806. Conversely, the yearly low was recorded on April 3, dropping to 294.1609.

This high-to-low spread represents a total annual volatility of 40.6197 RWF. From a start-to-finish perspective, comparing the January average rate of 305.7745 to the December average rate of 326.3941, the exchange rate registered a net change of 6.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 334.7806 was up 8.56% compared to the 2020 peak of 308.3744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ILS based on timing:

Yearly Peak High 1,673,903 RWF
2020 Average 1,393,041 RWF
Yearly Trough Low 1,470,805 RWF
Transaction Impact: A difference of 203,098.51 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

329.2715
294.7431
JanuMarcMayJulySeptNove

ILS to RWF 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 303.3664, compared to 316.5429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.1765 points.

H1 Avg (Jan–Jun) 303.3664
H2 Avg (Jul–Dec) 316.5429

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 18.5281 RWF (High: 334.7806 / Low: 316.2525). On the other end, September was the most stable month, with a tight range of 4.5124 RWF (High: 315.5608 / Low: 311.0483).

December Spread (Volatile) ±18.5281
September Spread (Stable) ±4.5124

Growth Streaks & Declines

Trends

Between March and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 4.6621 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -4.6621

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 326.3941) against the same month in 2020 (average: 304.3342), the exchange rate shifted by +22.0599 (+7.25%).

2021 Avg (December) 326.3941
2020 Avg (December) 304.3342

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 315.5503 299.2321 305.7745
February 306.5022 299.3998 302.2826
March 301.4074 294.3324 297.6204
April 307.7803 294.1609 302.5216
May 310.1632 301.5332 305.4778
June 309.9942 301.9803 306.5217
July 311.9751 302.4194 306.7115
August 314.6663 309.2831 312.5451
September 315.5608 311.0483 314.0847
October 320.2977 308.8997 314.0231
November 333.9785 316.4532 325.4989
December 334.7806 316.2525 326.3941