YEARLY HIGH
6.8970 RWF
YEARLY LOW
6.3371 RWF
YEARLY AVERAGE
6.5375 RWF

2017 JMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 6.8970. Conversely, the yearly low was recorded on January 7, dropping to 6.3371.

This high-to-low spread represents a total annual volatility of 0.5599 RWF. From a start-to-finish perspective, comparing the January average rate of 6.4352 to the December average rate of 6.8535, the exchange rate registered a net change of 6.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 6.8970 was up 6.33% compared to the 2016 peak of 6.4864, 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 34,485 RWF
2016 Average 31,172 RWF
Yearly Trough Low 31,686 RWF
Transaction Impact: A difference of 2,799.49 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

6.8963
6.3830
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 6.4709, compared to 6.6041 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1333 points.

H1 Avg (Jan–Jun) 6.4709
H2 Avg (Jul–Dec) 6.6041

Volatility Range Comparison

Volatility

The most volatile month in 2017 was October, with a trading range of 0.3309 RWF (High: 6.7254 / Low: 6.3945). On the other end, December was the most stable month, with a tight range of 0.1103 RWF (High: 6.8970 / Low: 6.7868).

October Spread (Volatile) ±0.3309
December Spread (Stable) ±0.1103

Growth Streaks & Declines

Trends

Between May and August, 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 0.0833 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0833

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 6.8535) against the same month in 2016 (average: 6.4025), the exchange rate shifted by +0.4510 (+7.04%).

2017 Avg (December) 6.8535
2016 Avg (December) 6.4025

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.5032 6.3371 6.4352
February 6.5323 6.3710 6.4835
March 6.5221 6.3600 6.4814
April 6.5303 6.3666 6.4770
May 6.5118 6.3433 6.4695
June 6.5255 6.3869 6.4785
July 6.6333 6.3830 6.5064
August 6.6446 6.4191 6.5091
September 6.6011 6.3610 6.4258
October 6.7254 6.3945 6.5724
November 6.8272 6.6128 6.7575
December 6.8970 6.7868 6.8535