2016 CVE to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 CVE to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the CVE to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 8.2595. Conversely, the yearly low was recorded on January 6, dropping to 7.3013.
This high-to-low spread represents a total annual volatility of 0.9583 RWF. From a start-to-finish perspective, comparing the January average rate of 7.3799 to the December average rate of 7.8880, the exchange rate registered a net change of 6.88% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 8.2595 was up 8.23% compared to the 2015 peak of 7.6312, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 CVE based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
CVE 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 7.6703, compared to 7.9843 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3140 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 0.6698 RWF (High: 8.1156 / Low: 7.4458). On the other end, September was the most stable month, with a tight range of 0.1199 RWF (High: 8.2013 / Low: 8.0814).
Growth Streaks & Declines
TrendsBetween January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1052 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (October 2016: 8.0696) against the same month in 2015 (average: 7.4293), the exchange rate shifted by +0.6403 (+8.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7.4436 | 7.3013 | 7.3799 |
| February | 7.7234 | 7.3768 | 7.5874 |
| March | 7.8330 | 7.4998 | 7.6399 |
| April | 7.9594 | 7.7046 | 7.8276 |
| May | 7.9680 | 7.5488 | 7.8191 |
| June | 8.1156 | 7.4458 | 7.7679 |
| July | 7.9198 | 7.5592 | 7.7480 |
| August | 8.2368 | 7.9036 | 8.0623 |
| September | 8.2013 | 8.0814 | 8.1446 |
| October | 8.2595 | 7.9078 | 8.0696 |
| November | 8.2188 | 7.8261 | 7.9932 |
| December | 8.1069 | 7.7432 | 7.8880 |