2016 BND to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 BND to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the BND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 14, valuing the pair at 598.7431. Conversely, the yearly low was recorded on January 17, dropping to 517.8146.
This high-to-low spread represents a total annual volatility of 80.9285 RWF. From a start-to-finish perspective, comparing the January average rate of 523.2193 to the December average rate of 574.5970, the exchange rate registered a net change of 9.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 598.7431 was up 9.37% compared to the 2015 peak of 547.4420, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 BND based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
BND 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 549.2557, compared to 580.9849 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 31.7292 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 49.1295 RWF (High: 590.7998 / Low: 541.6703). On the other end, January was the most stable month, with a tight range of 9.9913 RWF (High: 527.8059 / Low: 517.8146).
Growth Streaks & Declines
TrendsBetween May and September, 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 April and May, when the average rate fell by 8.3976 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2016: 588.5440) against the same month in 2015 (average: 514.9469), the exchange rate shifted by +73.5972 (+14.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 527.8059 | 517.8146 | 523.2193 |
| February | 544.4873 | 525.8817 | 536.9751 |
| March | 564.8709 | 544.4258 | 552.6098 |
| April | 578.5779 | 554.3800 | 564.1429 |
| May | 567.4885 | 541.0222 | 555.7453 |
| June | 590.7998 | 541.6703 | 562.8419 |
| July | 584.1394 | 557.9243 | 571.5020 |
| August | 598.7431 | 582.1014 | 588.5440 |
| September | 596.4928 | 583.6093 | 589.4538 |
| October | 594.5216 | 572.4628 | 583.0937 |
| November | 590.4359 | 570.3680 | 578.7189 |
| December | 578.8928 | 567.1189 | 574.5970 |