YEARLY HIGH
1419.4229 RWF
YEARLY LOW
1322.4876 RWF
YEARLY AVERAGE
1377.2925 RWF

2021 FKP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the FKP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 6, valuing the pair at 1419.4229. Conversely, the yearly low was recorded on January 8, dropping to 1322.4876.

This high-to-low spread represents a total annual volatility of 96.9354 RWF. From a start-to-finish perspective, comparing the January average rate of 1347.9503 to the December average rate of 1360.9272, the exchange rate registered a net change of 0.96% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1419.4229 was up 4.78% compared to the 2020 peak of 1354.6396, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 7,097,115 RWF
2020 Average 6,146,001 RWF
Yearly Trough Low 6,612,438 RWF
Transaction Impact: A difference of 484,676.84 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1406.8287
1342.5977
JanuMarcMayJulySeptNove

FKP 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 1376.8003, compared to 1377.7847 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9845 points.

H1 Avg (Jan–Jun) 1376.8003
H2 Avg (Jul–Dec) 1377.7847

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 66.4117 RWF (High: 1389.9123 / Low: 1323.5006). On the other end, August was the most stable month, with a tight range of 33.0171 RWF (High: 1403.6931 / Low: 1370.6760).

December Spread (Volatile) ±66.4117
August Spread (Stable) ±33.0171

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 October and November, when the average rate fell by 14.1957 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -14.1957

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 1397.5227) against the same month in 2020 (average: 1188.0729), the exchange rate shifted by +209.4499 (+17.63%).

2021 Avg (June) 1397.5227
2020 Avg (June) 1188.0729

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1362.4991 1322.4876 1347.9503
February 1399.1520 1348.4335 1373.1286
March 1383.2096 1347.8056 1367.8877
April 1399.4174 1352.0990 1372.8362
May 1419.1921 1377.8228 1401.4761
June 1419.4229 1365.5891 1397.5227
July 1406.8302 1361.7457 1386.2741
August 1403.6931 1370.6760 1390.1723
September 1399.1536 1354.5465 1383.5134
October 1399.9492 1351.1134 1380.0085
November 1389.5728 1343.8530 1365.8128
December 1389.9123 1323.5006 1360.9272