YEARLY HIGH
1.1966 KRW
YEARLY LOW
1.0917 KRW
YEARLY AVERAGE
1.1432 KRW

2021 RWF to KRW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to KRW exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 1.1966. Conversely, the yearly low was recorded on January 3, dropping to 1.0917.

This high-to-low spread represents a total annual volatility of 0.1049 KRW. From a start-to-finish perspective, comparing the January average rate of 1.1132 to the December average rate of 1.1584, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.1966 was down 10.63% compared to the 2020 peak of 1.3389, 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 5,983 KRW
2020 Average 6,166 KRW
Yearly Trough Low 5,458 KRW
Transaction Impact: A difference of 524.42 KRW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

1.1783
1.1072
JanuMarcMayJulySeptNove

RWF to KRW 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 1.1270, compared to 1.1593 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0323 points.

H1 Avg (Jan–Jun) 1.1270
H2 Avg (Jul–Dec) 1.1593

Volatility Range Comparison

Volatility

The most volatile month in 2021 was January, with a trading range of 0.0496 KRW (High: 1.1413 / Low: 1.0917). On the other end, February was the most stable month, with a tight range of 0.0253 KRW (High: 1.1348 / Low: 1.1094).

January Spread (Volatile) ±0.0496
February Spread (Stable) ±0.0253

Growth Streaks & Declines

Trends

Between June and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0174 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0174

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1.1724) against the same month in 2020 (average: 1.1759), the exchange rate shifted by -0.0036 (-0.30%).

2021 Avg (October) 1.1724
2020 Avg (October) 1.1759

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.1413 1.0917 1.1132
February 1.1348 1.1094 1.1236
March 1.1597 1.1197 1.1450
April 1.1528 1.1150 1.1277
May 1.1421 1.1107 1.1269
June 1.1467 1.1084 1.1260
July 1.1638 1.1238 1.1408
August 1.1681 1.1331 1.1517
September 1.1862 1.1453 1.1651
October 1.1966 1.1554 1.1724
November 1.1869 1.1498 1.1677
December 1.1844 1.1349 1.1584