2021 TRY to RWF Historical Review

YEARLY HIGH

142.8486 RWF

YEARLY LOW

61.3426 RWF

YEARLY AVERAGE

115.9289 RWF

2021 TRY to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 20, valuing the pair at 142.8486. Conversely, the yearly low was recorded on December 17, dropping to 61.3426.

This high-to-low spread represents a total annual volatility of 81.5059 RWF. From a start-to-finish perspective, comparing the January average rate of 133.5154 to the December average rate of 76.9553, the exchange rate registered a net change of -42.36% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 142.8486 was down 11.67% compared to the 2020 peak of 161.7233, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 7,142,428 RWF

2020 Average 6,869,927 RWF

Yearly Trough Low 3,067,132 RWF

Transaction Impact: A difference of 4,075,296.82 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

145.6034

70.7146

JanuMarcMayJulySeptNove

TRY 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 126.1322, compared to 105.7256 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 20.4066 points.

H1 Avg (Jan–Jun) 126.1322

H2 Avg (Jul–Dec) 105.7256

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 33.7422 RWF (High: 95.0848 / Low: 61.3426). On the other end, July was the most stable month, with a tight range of 4.3060 RWF (High: 119.1213 / Low: 114.8153).

December Spread (Volatile) ±33.7422

July Spread (Stable) ±4.3060

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 18.0767 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -18.0767

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 139.3627) against the same month in 2020 (average: 155.2097), the exchange rate shifted by -15.8471 (-10.21%).

2021 Avg (February) 139.3627

2020 Avg (February) 155.2097

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	135.8284	131.2108	133.5154
February	142.8486	133.7316	139.3627
March	135.9588	118.6895	128.4787
April	124.4720	117.4367	121.2737
May	121.3627	115.6529	118.6820
June	118.9149	112.1961	115.4808
July	119.1213	114.8153	116.7471
August	121.1978	115.7700	118.8598
September	121.8415	112.0180	117.5306
October	114.3562	104.0799	109.2288
November	105.9293	75.7754	95.0320
December	95.0848	61.3426	76.9553