YEARLY HIGH
21.2652 STD
YEARLY LOW
20.3204 STD
YEARLY AVERAGE
20.6973 STD

2021 RWF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on April 2, valuing the pair at 21.2652. Conversely, the yearly low was recorded on February 15, dropping to 20.3204.

This high-to-low spread represents a total annual volatility of 0.9448 STD. From a start-to-finish perspective, comparing the January average rate of 20.7046 to the December average rate of 20.7500, the exchange rate registered a net change of 0.22% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 21.2652 was down 10.32% compared to the 2020 peak of 23.7127, 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 106,326 STD
2020 Average 112,474 STD
Yearly Trough Low 101,602 STD
Transaction Impact: A difference of 4,724.02 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

20.9440
20.5017
JanuMarcMayJulySeptNove

RWF to STD 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 20.7387, compared to 20.6559 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0828 points.

H1 Avg (Jan–Jun) 20.7387
H2 Avg (Jul–Dec) 20.6559

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.9199 STD (High: 21.2446 / Low: 20.3247). On the other end, August was the most stable month, with a tight range of 0.2792 STD (High: 20.7139 / Low: 20.4347).

December Spread (Volatile) ±0.9199
August Spread (Stable) ±0.2792

Growth Streaks & Declines

Trends

Between July and October, 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 May and June, when the average rate fell by 0.2540 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.2540

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2021: 20.9071) against the same month in 2020 (average: 23.3774), the exchange rate shifted by -2.4702 (-10.57%).

2021 Avg (April) 20.9071
2020 Avg (April) 23.3774

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.0063 20.4736 20.7046
February 20.8309 20.3204 20.5927
March 21.1019 20.4803 20.8223
April 21.2652 20.7104 20.9071
May 21.0539 20.6164 20.8297
June 20.9464 20.3665 20.5757
July 20.8079 20.3957 20.5386
August 20.7139 20.4347 20.5760
September 20.8487 20.5185 20.5944
October 21.0839 20.5203 20.7677
November 21.0311 20.4682 20.7086
December 21.2446 20.3247 20.7500