YEARLY HIGH
37.2033 RWF
YEARLY LOW
30.5877 RWF
YEARLY AVERAGE
35.1610 RWF

2017 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 37.2033. Conversely, the yearly low was recorded on October 16, dropping to 30.5877.

This high-to-low spread represents a total annual volatility of 6.6156 RWF. From a start-to-finish perspective, comparing the January average rate of 36.7399 to the December average rate of 31.3446, the exchange rate registered a net change of -14.69% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 37.2033 was down 0.65% compared to the 2016 peak of 37.4452, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ETB based on timing:

Yearly Peak High 186,016 RWF
2016 Average 178,556 RWF
Yearly Trough Low 152,938 RWF
Transaction Impact: A difference of 33,077.96 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

37.3799
30.6831
JanuMarcMayJulySeptNove

ETB 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 36.6102, compared to 33.7119 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.8983 points.

H1 Avg (Jan–Jun) 36.6102
H2 Avg (Jul–Dec) 33.7119

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 5.2144 RWF (High: 35.8021 / Low: 30.5877). On the other end, December was the most stable month, with a tight range of 0.7216 RWF (High: 31.5746 / Low: 30.8530).

October Spread (Volatile) ±5.2144
December Spread (Stable) ±0.7216

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2017. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 2.8311 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -2.8311

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 36.8219) against the same month in 2016 (average: 35.3734), the exchange rate shifted by +1.4485 (+4.09%).

2017 Avg (February) 36.8219
2016 Avg (February) 35.3734

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 37.1774 36.0000 36.7399
February 37.2033 35.9143 36.8219
March 36.9980 35.8525 36.6973
April 37.0160 35.8896 36.5870
May 36.7290 35.7365 36.4030
June 36.7905 35.5794 36.4119
July 36.4226 35.2755 35.8886
August 36.3788 35.1987 35.6328
September 36.0591 35.2188 35.4976
October 35.8021 30.5877 32.6665
November 31.4977 30.5924 31.2412
December 31.5746 30.8530 31.3446