YEARLY HIGH
0.5217 RWF
YEARLY LOW
0.4955 RWF
YEARLY AVERAGE
0.5071 RWF

2021 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 18, valuing the pair at 0.5217. Conversely, the yearly low was recorded on June 26, dropping to 0.4955.

This high-to-low spread represents a total annual volatility of 0.0263 RWF. From a start-to-finish perspective, comparing the January average rate of 0.5075 to the December average rate of 0.5119, the exchange rate registered a net change of 0.86% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.5217 was up 2.15% compared to the 2020 peak of 0.5108, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,609 RWF
2020 Average 2,500 RWF
Yearly Trough Low 2,477 RWF
Transaction Impact: A difference of 131.40 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.5127
0.5033
JanuMarcMayJulySeptNove

BIF 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 0.5062, compared to 0.5080 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) 0.5062
H2 Avg (Jul–Dec) 0.5080

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0205 RWF (High: 0.5217 / Low: 0.5013). On the other end, August was the most stable month, with a tight range of 0.0047 RWF (High: 0.5085 / Low: 0.5038).

December Spread (Volatile) ±0.0205
August Spread (Stable) ±0.0047

Growth Streaks & Declines

Trends

Between June and August, 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 February and March, when the average rate fell by 0.0025 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0025

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 0.5119) against the same month in 2020 (average: 0.5084), the exchange rate shifted by +0.0035 (+0.68%).

2021 Avg (December) 0.5119
2020 Avg (December) 0.5084

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5109 0.5000 0.5075
February 0.5110 0.5010 0.5074
March 0.5106 0.4996 0.5049
April 0.5135 0.4966 0.5079
May 0.5134 0.5008 0.5056
June 0.5082 0.4955 0.5041
July 0.5082 0.4987 0.5063
August 0.5085 0.5038 0.5080
September 0.5086 0.4987 0.5063
October 0.5119 0.4982 0.5061
November 0.5199 0.5033 0.5097
December 0.5217 0.5013 0.5119