YEARLY HIGH
0.2207 ETB
YEARLY LOW
0.0397 ETB
YEARLY AVERAGE
0.0442 ETB

2021 RWF to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 0.2207. Conversely, the yearly low was recorded on January 4, dropping to 0.0397.

This high-to-low spread represents a total annual volatility of 0.1811 ETB. From a start-to-finish perspective, comparing the January average rate of 0.0399 to the December average rate of 0.0531, the exchange rate registered a net change of 33.21% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.2207 was up 454.70% compared to the 2020 peak of 0.0398, 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 1,104 ETB
2020 Average 182 ETB
Yearly Trough Low 198 ETB
Transaction Impact: A difference of 905.25 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0545
0.0386
JanuMarcMayJulySeptNove

RWF to ETB 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 0.0416, compared to 0.0468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0052 points.

H1 Avg (Jan–Jun) 0.0416
H2 Avg (Jul–Dec) 0.0468

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.1743 ETB (High: 0.2207 / Low: 0.0464). On the other end, January was the most stable month, with a tight range of 0.0007 ETB (High: 0.0404 / Low: 0.0397).

December Spread (Volatile) ±0.1743
January Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.0531) against the same month in 2020 (average: 0.0392), the exchange rate shifted by +0.0140 (+35.60%).

2021 Avg (December) 0.0531
2020 Avg (December) 0.0392

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0404 0.0397 0.0399
February 0.0406 0.0398 0.0403
March 0.0417 0.0405 0.0410
April 0.0426 0.0414 0.0420
May 0.0436 0.0419 0.0428
June 0.0444 0.0431 0.0436
July 0.0446 0.0435 0.0439
August 0.0453 0.0438 0.0448
September 0.0464 0.0451 0.0458
October 0.0471 0.0456 0.0464
November 0.0470 0.0461 0.0468
December 0.2207 0.0464 0.0531