2016 MAD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MAD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 3, valuing the pair at 83.4166. Conversely, the yearly low was recorded on January 6, dropping to 74.9240.
This high-to-low spread represents a total annual volatility of 8.4926 RWF. From a start-to-finish perspective, comparing the January average rate of 75.6037 to the December average rate of 81.6062, the exchange rate registered a net change of 7.94% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 83.4166 was up 8.40% compared to the 2015 peak of 76.9521, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MAD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MAD 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 77.7470, compared to 81.3707 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.6237 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 6.1676 RWF (High: 81.9883 / Low: 75.8207). On the other end, September was the most stable month, with a tight range of 0.9215 RWF (High: 82.8435 / Low: 81.9220).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.3309 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 81.9232) against the same month in 2015 (average: 74.6316), the exchange rate shifted by +7.2917 (+9.77%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 76.1483 | 74.9240 | 75.6037 |
| February | 78.3015 | 75.5684 | 77.1329 |
| March | 79.4569 | 76.7352 | 77.6689 |
| April | 80.3825 | 77.7484 | 78.8640 |
| May | 79.9519 | 76.4694 | 78.6778 |
| June | 81.9883 | 75.8207 | 78.5346 |
| July | 80.7174 | 76.7829 | 78.6812 |
| August | 83.3018 | 80.3078 | 81.5247 |
| September | 82.8435 | 81.9220 | 82.4099 |
| October | 83.3597 | 80.5256 | 82.0790 |
| November | 83.4166 | 80.8019 | 81.9232 |
| December | 82.6531 | 80.4853 | 81.6062 |