2021 TND to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2021.
2021 TND to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2021
During 2021, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 370.0265. Conversely, the yearly low was recorded on December 3, dropping to 347.4032.
This high-to-low spread represents a total annual volatility of 22.6234 RWF. From a start-to-finish perspective, comparing the January average rate of 366.2106 to the December average rate of 355.4418, the exchange rate registered a net change of -2.94% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2021 high of 370.0265 was up 0.37% compared to the 2020 peak of 368.6767, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2021.
TND to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 362.6653, compared to 358.3856 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 4.2797 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2021 was December, with a trading range of 16.9354 RWF (High: 364.3386 / Low: 347.4032). On the other end, August was the most stable month, with a tight range of 6.3228 RWF (High: 364.2291 / Low: 357.9064).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 6.3384 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2021: 366.2106) against the same month in 2020 (average: 335.4640), the exchange rate shifted by +30.7466 (+9.17%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 370.0265 | 362.1170 | 366.2106 |
| February | 367.5089 | 360.6436 | 364.8174 |
| March | 363.1656 | 352.8782 | 358.4790 |
| April | 364.2388 | 350.5634 | 359.1536 |
| May | 368.5500 | 359.1613 | 364.5785 |
| June | 367.5272 | 356.5343 | 362.7524 |
| July | 362.9539 | 354.5210 | 360.2327 |
| August | 364.2291 | 357.9064 | 361.4699 |
| September | 363.1179 | 355.0401 | 360.3288 |
| October | 361.7392 | 352.1624 | 356.9824 |
| November | 360.2840 | 349.5836 | 355.8576 |
| December | 364.3386 | 347.4032 | 355.4418 |