YEARLY HIGH
164.8861 RWF
YEARLY LOW
152.1108 RWF
YEARLY AVERAGE
159.2509 RWF

2021 DKK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the DKK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 25, valuing the pair at 164.8861. Conversely, the yearly low was recorded on December 3, dropping to 152.1108.

This high-to-low spread represents a total annual volatility of 12.7753 RWF. From a start-to-finish perspective, comparing the January average rate of 161.6490 to the December average rate of 155.4583, the exchange rate registered a net change of -3.83% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 164.8861 was up 0.91% compared to the 2020 peak of 163.3927, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 824,430 RWF
2020 Average 733,560 RWF
Yearly Trough Low 760,554 RWF
Transaction Impact: A difference of 63,876.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

163.3353
154.7422
JanuMarcMayJulySeptNove

DKK 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 160.6894, compared to 157.8124 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8770 points.

H1 Avg (Jan–Jun) 160.6894
H2 Avg (Jul–Dec) 157.8124

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 7.3358 RWF (High: 162.2765 / Low: 154.9407). On the other end, August was the most stable month, with a tight range of 3.0754 RWF (High: 160.8230 / Low: 157.7476).

April Spread (Volatile) ±7.3358
August Spread (Stable) ±3.0754

Growth Streaks & Declines

Trends

Between March and May, 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 3.0395 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.0395

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2021: 162.6192) against the same month in 2020 (average: 137.5858), the exchange rate shifted by +25.0334 (+18.19%).

2021 Avg (May) 162.6192
2020 Avg (May) 137.5858

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 163.6914 159.0767 161.6490
February 162.4471 158.8648 160.9514
March 160.9824 155.2670 157.9119
April 162.2765 154.9407 159.5989
May 164.8861 160.6654 162.6192
June 164.1785 157.8598 161.4062
July 161.0603 156.7079 159.5662
August 160.8230 157.7476 159.4894
September 161.2977 156.8252 159.3697
October 159.2425 155.1104 157.1904
November 158.1009 153.3439 155.8005
December 157.9162 152.1108 155.4583