2017 GHS to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 GHS to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the GHS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 19, valuing the pair at 202.5715. Conversely, the yearly low was recorded on March 3, dropping to 174.7090.
This high-to-low spread represents a total annual volatility of 27.8625 RWF. From a start-to-finish perspective, comparing the January average rate of 193.1661 to the December average rate of 190.0944, the exchange rate registered a net change of -1.59% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2017 high of 202.5715 was down 2.01% compared to the 2016 peak of 206.7230, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 GHS based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
GHS 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 191.8628, compared to 189.6050 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 2.2578 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was March, with a trading range of 20.3169 RWF (High: 195.0259 / Low: 174.7090). On the other end, December was the most stable month, with a tight range of 3.8684 RWF (High: 192.2117 / Low: 188.3433).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 5.5961 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2017: 198.2876) against the same month in 2016 (average: 198.8246), the exchange rate shifted by -0.5370 (-0.27%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 196.8778 | 188.0151 | 193.1661 |
| February | 192.4729 | 176.8183 | 187.5700 |
| March | 195.0259 | 174.7090 | 184.2749 |
| April | 202.5715 | 190.5167 | 198.2876 |
| May | 200.3489 | 187.8152 | 195.6973 |
| June | 197.3247 | 188.1952 | 192.1811 |
| July | 194.1336 | 186.7907 | 190.0681 |
| August | 192.3169 | 184.3338 | 188.2049 |
| September | 191.2253 | 186.7446 | 188.4110 |
| October | 195.2626 | 188.8167 | 191.3813 |
| November | 194.7210 | 181.2965 | 189.4703 |
| December | 192.2117 | 188.3433 | 190.0944 |