YEARLY HIGH
1181.1131 RWF
YEARLY LOW
1047.0981 RWF
YEARLY AVERAGE
1100.8227 RWF

2016 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 1181.1131. Conversely, the yearly low was recorded on June 26, dropping to 1047.0981.

This high-to-low spread represents a total annual volatility of 134.0150 RWF. From a start-to-finish perspective, comparing the January average rate of 1056.0364 to the December average rate of 1165.1075, the exchange rate registered a net change of 10.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 1181.1131 was up 11.78% compared to the 2015 peak of 1056.6094, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 5,905,565 RWF
2015 Average 5,025,380 RWF
Yearly Trough Low 5,235,491 RWF
Transaction Impact: A difference of 670,074.94 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

1176.0146
1045.1293
JanuMarcMayJulySeptNove

JOD 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 1069.1747, compared to 1132.4707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.2960 points.

H1 Avg (Jan–Jun) 1069.1747
H2 Avg (Jul–Dec) 1132.4707

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 70.9659 RWF (High: 1118.0640 / Low: 1047.0981). On the other end, January was the most stable month, with a tight range of 14.6361 RWF (High: 1064.7889 / Low: 1050.1528).

June Spread (Volatile) ±70.9659
January Spread (Stable) ±14.6361

Growth Streaks & Declines

Trends

Between May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.7747 points.

Longest Streak 7 Mo.
Sharpest MoM Drop -0.7747

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 1165.1075) against the same month in 2015 (average: 1052.1158), the exchange rate shifted by +112.9916 (+10.74%).

2016 Avg (December) 1165.1075
2015 Avg (December) 1052.1158

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1064.7889 1050.1528 1056.0364
February 1079.7607 1050.7858 1064.1992
March 1093.7138 1054.0818 1069.6391
April 1100.2613 1061.6797 1074.7427
May 1085.8658 1054.1230 1073.9680
June 1118.0640 1047.0981 1076.4627
July 1111.6343 1061.6953 1089.1141
August 1146.1475 1105.3557 1119.4241
September 1137.4569 1122.0629 1130.6896
October 1151.9483 1120.8603 1138.0927
November 1160.5138 1126.2143 1152.3962
December 1181.1131 1153.9542 1165.1075