YEARLY HIGH
2.3785 TZS
YEARLY LOW
2.2088 TZS
YEARLY AVERAGE
2.3121 TZS

2021 RWF to TZS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to TZS exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 2.3785. Conversely, the yearly low was recorded on December 18, dropping to 2.2088.

This high-to-low spread represents a total annual volatility of 0.1697 TZS. From a start-to-finish perspective, comparing the January average rate of 2.3482 to the December average rate of 2.2515, the exchange rate registered a net change of -4.12% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 2.3785 was down 4.25% compared to the 2020 peak of 2.4840, 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 11,892 TZS
2020 Average 12,096 TZS
Yearly Trough Low 11,044 TZS
Transaction Impact: A difference of 848.43 TZS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.3588
2.2417
JanuMarcMayJulySeptNove

RWF to TZS 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 2.3387, compared to 2.2854 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0533 points.

H1 Avg (Jan–Jun) 2.3387
H2 Avg (Jul–Dec) 2.2854

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0942 TZS (High: 2.3030 / Low: 2.2088). On the other end, August was the most stable month, with a tight range of 0.0242 TZS (High: 2.3215 / Low: 2.2972).

December Spread (Volatile) ±0.0942
August Spread (Stable) ±0.0242

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 September and October, when the average rate fell by 0.0185 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0185

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 2.3482) against the same month in 2020 (average: 2.4418), the exchange rate shifted by -0.0936 (-3.83%).

2021 Avg (January) 2.3482
2020 Avg (January) 2.4418

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.3785 2.3352 2.3482
February 2.3607 2.3346 2.3437
March 2.3719 2.3332 2.3490
April 2.3723 2.3177 2.3364
May 2.3543 2.3143 2.3297
June 2.3579 2.3049 2.3255
July 2.3421 2.2998 2.3101
August 2.3215 2.2972 2.3013
September 2.3307 2.2800 2.3016
October 2.3166 2.2607 2.2830
November 2.2896 2.2218 2.2648
December 2.3030 2.2088 2.2515