YEARLY HIGH
1.2868 RWF
YEARLY LOW
1.2171 RWF
YEARLY AVERAGE
1.2527 RWF

2021 MWK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the MWK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 30, valuing the pair at 1.2868. Conversely, the yearly low was recorded on October 16, dropping to 1.2171.

This high-to-low spread represents a total annual volatility of 0.0697 RWF. From a start-to-finish perspective, comparing the January average rate of 1.2780 to the December average rate of 1.2544, the exchange rate registered a net change of -1.85% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.2868 was down 1.31% compared to the 2020 peak of 1.3038, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 6,434 RWF
2020 Average 6,431 RWF
Yearly Trough Low 6,086 RWF
Transaction Impact: A difference of 348.34 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.2823
1.2317
JanuMarcMayJulySeptNove

MWK 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 1.2626, compared to 1.2427 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0199 points.

H1 Avg (Jan–Jun) 1.2626
H2 Avg (Jul–Dec) 1.2427

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0517 RWF (High: 1.2787 / Low: 1.2270). On the other end, August was the most stable month, with a tight range of 0.0176 RWF (High: 1.2464 / Low: 1.2288).

December Spread (Volatile) ±0.0517
August Spread (Stable) ±0.0176

Growth Streaks & Declines

Trends

Between October and December, 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 0.0108 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0108

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.2780) against the same month in 2020 (average: 1.2816), the exchange rate shifted by -0.0035 (-0.27%).

2021 Avg (January) 1.2780
2020 Avg (January) 1.2816

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.2868 1.2581 1.2780
February 1.2834 1.2596 1.2721
March 1.2768 1.2452 1.2613
April 1.2739 1.2413 1.2610
May 1.2695 1.2468 1.2557
June 1.2580 1.2294 1.2477
July 1.2566 1.2231 1.2423
August 1.2464 1.2288 1.2405
September 1.2444 1.2209 1.2380
October 1.2485 1.2171 1.2359
November 1.2692 1.2331 1.2454
December 1.2787 1.2270 1.2544