YEARLY HIGH
0.0080 HKD
YEARLY LOW
0.0075 HKD
YEARLY AVERAGE
0.0078 HKD

2021 RWF to HKD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to HKD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.0080. Conversely, the yearly low was recorded on December 18, dropping to 0.0075.

This high-to-low spread represents a total annual volatility of 0.0005 HKD. From a start-to-finish perspective, comparing the January average rate of 0.0078 to the December average rate of 0.0076, the exchange rate registered a net change of -2.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0080 was down 4.75% compared to the 2020 peak of 0.0084, 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 40 HKD
2020 Average 41 HKD
Yearly Trough Low 37 HKD
Transaction Impact: A difference of 2.41 HKD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0079
0.0076
JanuMarcMayJulySeptNove

RWF to HKD 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 0.0078, compared to 0.0077 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0001 points.

H1 Avg (Jan–Jun) 0.0078
H2 Avg (Jul–Dec) 0.0077

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0003 HKD (High: 0.0078 / Low: 0.0075). On the other end, August was the most stable month, with a tight range of 0.0001 HKD (High: 0.0078 / Low: 0.0077).

December Spread (Volatile) ±0.0003
August Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2021. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0000 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 0.0078) against the same month in 2020 (average: 0.0082), the exchange rate shifted by -0.0004 (-4.75%).

2021 Avg (January) 0.0078
2020 Avg (January) 0.0082

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0080 0.0078 0.0078
February 0.0079 0.0078 0.0078
March 0.0079 0.0078 0.0079
April 0.0080 0.0078 0.0078
May 0.0079 0.0077 0.0078
June 0.0079 0.0077 0.0078
July 0.0078 0.0077 0.0077
August 0.0078 0.0077 0.0077
September 0.0078 0.0077 0.0077
October 0.0078 0.0076 0.0077
November 0.0077 0.0075 0.0077
December 0.0078 0.0075 0.0076