YEARLY HIGH
1215.9997 RWF
YEARLY LOW
1153.1189 RWF
YEARLY AVERAGE
1182.6185 RWF

2017 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 1215.9997. Conversely, the yearly low was recorded on July 20, dropping to 1153.1189.

This high-to-low spread represents a total annual volatility of 62.8808 RWF. From a start-to-finish perspective, comparing the January average rate of 1169.9937 to the December average rate of 1209.0478, the exchange rate registered a net change of 3.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 1215.9997 was up 2.95% compared to the 2016 peak of 1181.1131, 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 6,079,998 RWF
2016 Average 5,504,691 RWF
Yearly Trough Low 5,765,595 RWF
Transaction Impact: A difference of 314,403.85 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

1212.9532
1166.0883
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 1177.8802, compared to 1187.3569 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4767 points.

H1 Avg (Jan–Jun) 1177.8802
H2 Avg (Jul–Dec) 1187.3569

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 39.9744 RWF (High: 1193.0933 / Low: 1153.1189). On the other end, December was the most stable month, with a tight range of 17.1297 RWF (High: 1215.9997 / Low: 1198.8700).

July Spread (Volatile) ±39.9744
December Spread (Stable) ±17.1297

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 9.5878 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -9.5878

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 1209.0478) against the same month in 2016 (average: 1165.1075), the exchange rate shifted by +43.9403 (+3.77%).

2017 Avg (December) 1209.0478
2016 Avg (December) 1165.1075

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 1184.6567 1155.0678 1169.9937
February 1188.2764 1158.0805 1178.0465
March 1188.9172 1155.6734 1176.4461
April 1187.1164 1162.7858 1178.7625
May 1193.2629 1156.5040 1179.6749
June 1197.1682 1167.1125 1184.3574
July 1193.0933 1153.1189 1174.7696
August 1196.1486 1157.9620 1172.8379
September 1192.4031 1170.6671 1177.2554
October 1206.1901 1172.3466 1186.9906
November 1212.3829 1179.8128 1203.2400
December 1215.9997 1198.8700 1209.0478