YEARLY HIGH
6.4864 RWF
YEARLY LOW
5.9037 RWF
YEARLY AVERAGE
6.2342 RWF

2016 JMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 6.4864. Conversely, the yearly low was recorded on June 29, dropping to 5.9037.

This high-to-low spread represents a total annual volatility of 0.5827 RWF. From a start-to-finish perspective, comparing the January average rate of 6.2173 to the December average rate of 6.4025, the exchange rate registered a net change of 2.98% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 6.4864 was up 1.93% compared to the 2015 peak of 6.3639, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 32,432 RWF
2015 Average 30,492 RWF
Yearly Trough Low 29,519 RWF
Transaction Impact: A difference of 2,913.27 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

6.4342
6.0535
JanuMarcMayJulySeptNove

JMD 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 6.1929, compared to 6.2756 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0827 points.

H1 Avg (Jan–Jun) 6.1929
H2 Avg (Jul–Dec) 6.2756

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.3958 RWF (High: 6.2995 / Low: 5.9037). On the other end, January was the most stable month, with a tight range of 0.0920 RWF (High: 6.2586 / Low: 6.1665).

June Spread (Volatile) ±0.3958
January Spread (Stable) ±0.0920

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 0.0904 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0904

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 6.4025) against the same month in 2015 (average: 6.2311), the exchange rate shifted by +0.1714 (+2.75%).

2016 Avg (December) 6.4025
2015 Avg (December) 6.2311

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.2586 6.1665 6.2173
February 6.3193 6.1652 6.2207
March 6.3786 6.1576 6.2372
April 6.3756 6.1307 6.2438
May 6.2590 5.9834 6.1533
June 6.2995 5.9037 6.0852
July 6.2152 5.9502 6.0999
August 6.3767 6.1742 6.2563
September 6.3397 6.2431 6.2889
October 6.3566 6.1834 6.2850
November 6.3609 6.1737 6.3209
December 6.4864 6.3305 6.4025