2021 RWF to NGN Historical Review

YEARLY HIGH

0.4189 NGN

YEARLY LOW

0.3801 NGN

YEARLY AVERAGE

0.4028 NGN

2021 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on June 11, valuing the pair at 0.4189. Conversely, the yearly low was recorded on April 17, dropping to 0.3801.

This high-to-low spread represents a total annual volatility of 0.0387 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3925 to the December average rate of 0.4022, the exchange rate registered a net change of 2.46% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.4189 was up 0.27% compared to the 2020 peak of 0.4177, 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 2,094 NGN

2020 Average 1,987 NGN

Yearly Trough Low 1,901 NGN

Transaction Impact: A difference of 193.64 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.4144

0.3905

JanuMarcMayJulySeptNove

RWF to NGN 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 0.3986, compared to 0.4069 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.3986

H2 Avg (Jul–Dec) 0.4069

Volatility Range Comparison

Volatility

The most volatile month in 2021 was May, with a trading range of 0.0369 NGN (High: 0.4182 / Low: 0.3813). On the other end, August was the most stable month, with a tight range of 0.0050 NGN (High: 0.4119 / Low: 0.4069).

May Spread (Volatile) ±0.0369

August Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0031 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0031

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2021: 0.4125) against the same month in 2020 (average: 0.4081), the exchange rate shifted by +0.0043 (+1.07%).

2021 Avg (June) 0.4125

2020 Avg (June) 0.4081

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4004	0.3837	0.3925
February	0.4146	0.3838	0.3939
March	0.4131	0.3837	0.3931
April	0.4122	0.3801	0.3937
May	0.4182	0.3813	0.4060
June	0.4189	0.4075	0.4125
July	0.4157	0.4082	0.4098
August	0.4119	0.4069	0.4084
September	0.4136	0.4073	0.4088
October	0.4129	0.4038	0.4076
November	0.4085	0.3971	0.4045
December	0.4100	0.3963	0.4022

2021 RWF నుండి NGN చారిత్రక సమీక్ష