2017 GEL to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GEL to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GEL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 7, valuing the pair at 354.9817. Conversely, the yearly low was recorded on January 6, dropping to 298.0515.
This high-to-low spread represents a total annual volatility of 56.9302 RWF. From a start-to-finish perspective, comparing the January average rate of 307.3685 to the December average rate of 326.9679, the exchange rate registered a net change of 6.38% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 354.9817 was down 2.17% compared to the 2016 peak of 362.8568, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GEL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GEL 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 333.9044, compared to 338.1791 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.2747 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 33.5249 RWF (High: 345.7555 / Low: 312.2306). On the other end, September was the most stable month, with a tight range of 7.2199 RWF (High: 342.1869 / Low: 334.9670).
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 August and September, when the average rate fell by 8.3157 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 346.7537) against the same month in 2016 (average: 342.2762), the exchange rate shifted by +4.4774 (+1.31%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 315.4228 | 298.0515 | 307.3685 |
| February | 325.9388 | 305.1577 | 316.9812 |
| March | 345.8349 | 331.3815 | 338.2961 |
| April | 353.5727 | 336.3713 | 346.6233 |
| May | 350.9627 | 337.9032 | 345.3473 |
| June | 352.1054 | 343.8635 | 348.8101 |
| July | 353.0714 | 341.4149 | 347.7562 |
| August | 354.9817 | 340.3093 | 346.7537 |
| September | 342.1869 | 334.9670 | 338.4380 |
| October | 343.3828 | 335.5708 | 338.2929 |
| November | 345.7555 | 312.2306 | 330.8661 |
| December | 339.1107 | 315.6453 | 326.9679 |