2021 RWF to ZAR Historical Review

YEARLY HIGH

0.0162 ZAR

YEARLY LOW

0.0134 ZAR

YEARLY AVERAGE

0.0148 ZAR

2021 RWF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the RWF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 26, valuing the pair at 0.0162. Conversely, the yearly low was recorded on June 6, dropping to 0.0134.

This high-to-low spread represents a total annual volatility of 0.0028 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0153 to the December average rate of 0.0155, the exchange rate registered a net change of 1.49% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.0162 was down 20.73% compared to the 2020 peak of 0.0204, 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 81 ZAR

2020 Average 86 ZAR

Yearly Trough Low 67 ZAR

Transaction Impact: A difference of 13.78 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.0157

0.0138

JanuMarcMayJulySeptNove

RWF to ZAR 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 0.0147, compared to 0.0149 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0147

H2 Avg (Jul–Dec) 0.0149

Volatility Range Comparison

Volatility

The most volatile month in 2021 was November, with a trading range of 0.0014 ZAR (High: 0.0162 / Low: 0.0147). On the other end, February was the most stable month, with a tight range of 0.0007 ZAR (High: 0.0152 / Low: 0.0145).

November Spread (Volatile) ±0.0014

February Spread (Stable) ±0.0007

Growth Streaks & Declines

Trends

Between September and December, 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 March and April, when the average rate fell by 0.0006 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0006

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2021: 0.0153) against the same month in 2020 (average: 0.0158), the exchange rate shifted by -0.0005 (-2.96%).

2021 Avg (November) 0.0153

2020 Avg (November) 0.0158

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0157	0.0147	0.0153
February	0.0152	0.0145	0.0149
March	0.0157	0.0148	0.0152
April	0.0150	0.0142	0.0145
May	0.0146	0.0137	0.0141
June	0.0145	0.0134	0.0140
July	0.0150	0.0141	0.0145
August	0.0152	0.0142	0.0147
September	0.0150	0.0140	0.0145
October	0.0152	0.0143	0.0148
November	0.0162	0.0147	0.0153
December	0.0161	0.0150	0.0155

2021 RWF నుండి ZAR చారిత్రక సమీక్ష