2017 ETB to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
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.
Comparing the value generated converting 5,000 ETB based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
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)
SeasonalThe 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.
Volatility Range Comparison
VolatilityThe 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).
Growth Streaks & Declines
TrendsNo 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.
Same-Month Historical Baseline
YoY BaselineComparing 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%).
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 |