2017 BND to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 BND to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the BND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 641.8782. Conversely, the yearly low was recorded on January 7, dropping to 571.0652.
This high-to-low spread represents a total annual volatility of 70.8129 RWF. From a start-to-finish perspective, comparing the January average rate of 579.9787 to the December average rate of 637.0244, the exchange rate registered a net change of 9.84% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 641.8782 was up 7.20% compared to the 2016 peak of 598.7431, 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 2017.
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 595.0261, compared to 620.4582 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 25.4322 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was May, with a trading range of 24.5296 RWF (High: 611.5270 / Low: 586.9974). On the other end, December was the most stable month, with a tight range of 10.9847 RWF (High: 641.8782 / Low: 630.8934).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 637.0244) against the same month in 2016 (average: 574.5970), the exchange rate shifted by +62.4274 (+10.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 591.7732 | 571.0652 | 579.9787 |
| February | 599.1307 | 583.8140 | 590.4014 |
| March | 605.3292 | 582.9802 | 593.6449 |
| April | 603.2839 | 587.2889 | 597.7308 |
| May | 611.5270 | 586.9974 | 600.5245 |
| June | 613.8640 | 599.1701 | 607.8761 |
| July | 620.5682 | 596.7058 | 608.1676 |
| August | 621.4640 | 601.8750 | 611.0352 |
| September | 627.7364 | 612.1736 | 618.4342 |
| October | 627.8445 | 609.1383 | 618.6183 |
| November | 638.9823 | 614.7202 | 629.4698 |
| December | 641.8782 | 630.8934 | 637.0244 |