YEARLY HIGH
1.9428 RWF
YEARLY LOW
0.3980 RWF
YEARLY AVERAGE
1.0054 RWF

2021 SYP to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SYP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 1.9428. Conversely, the yearly low was recorded on December 3, dropping to 0.3980.

This high-to-low spread represents a total annual volatility of 1.5448 RWF. From a start-to-finish perspective, comparing the January average rate of 1.9265 to the December average rate of 0.4070, the exchange rate registered a net change of -78.87% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 1.9428 was up 0.53% compared to the 2020 peak of 1.9327, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SYP based on timing:

Yearly Peak High 9,714 RWF
2020 Average 9,325 RWF
Yearly Trough Low 1,990 RWF
Transaction Impact: A difference of 7,724.18 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2.0824
0.2547
JanuMarcMayJulySeptNove

SYP to RWF 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 1.3017, compared to 0.7091 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5926 points.

H1 Avg (Jan–Jun) 1.3017
H2 Avg (Jul–Dec) 0.7091

Volatility Range Comparison

Volatility

The most volatile month in 2021 was March, with a trading range of 1.1605 RWF (High: 1.9402 / Low: 0.7797). On the other end, August was the most stable month, with a tight range of 0.0097 RWF (High: 0.8042 / Low: 0.7945).

March Spread (Volatile) ±1.1605
August Spread (Stable) ±0.0097

Growth Streaks & Declines

Trends

Between April and August, 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 0.7909 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.7909

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2021: 1.9265) against the same month in 2020 (average: 1.8322), the exchange rate shifted by +0.0944 (+5.15%).

2021 Avg (January) 1.9265
2020 Avg (January) 1.8322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1.9428 1.9011 1.9265
February 1.9401 1.9160 1.9300
March 1.9402 0.7797 1.5799
April 0.7963 0.7773 0.7890
May 0.7998 0.7832 0.7916
June 0.8002 0.7818 0.7929
July 0.8013 0.7873 0.7979
August 0.8042 0.7945 0.8013
September 0.8031 0.7913 0.8006
October 0.8092 0.7914 0.8020
November 0.8107 0.4010 0.6457
December 0.4155 0.3980 0.4070