YEARLY HIGH
16.7309 RWF
YEARLY LOW
14.0821 RWF
YEARLY AVERAGE
15.3854 RWF

2017 MKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 16.7309. Conversely, the yearly low was recorded on February 24, dropping to 14.0821.

This high-to-low spread represents a total annual volatility of 2.6488 RWF. From a start-to-finish perspective, comparing the January average rate of 14.3236 to the December average rate of 16.4954, the exchange rate registered a net change of 15.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 16.7309 was up 13.14% compared to the 2016 peak of 14.7878, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 83,654 RWF
2016 Average 70,085 RWF
Yearly Trough Low 70,410 RWF
Transaction Impact: A difference of 13,243.97 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

16.7125
14.1065
JanuMarcMayJulySeptNove

MKD 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 14.6850, compared to 16.0859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4009 points.

H1 Avg (Jan–Jun) 14.6850
H2 Avg (Jul–Dec) 16.0859

Volatility Range Comparison

Volatility

The most volatile month in 2017 was November, with a trading range of 0.7972 RWF (High: 16.6142 / Low: 15.8170). On the other end, December was the most stable month, with a tight range of 0.4653 RWF (High: 16.7309 / Low: 16.2656).

November Spread (Volatile) ±0.7972
December Spread (Stable) ±0.4653

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0827 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.0827

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 16.4954) against the same month in 2016 (average: 14.1352), the exchange rate shifted by +2.3602 (+16.70%).

2017 Avg (December) 16.4954
2016 Avg (December) 14.1352

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6263 14.1085 14.3236
February 14.6966 14.0821 14.4219
March 14.7663 14.1280 14.4628
April 14.8684 14.1984 14.5438
May 15.3937 14.6376 15.0420
June 15.6373 15.0727 15.3159
July 15.9456 15.2755 15.6062
August 16.2601 15.6701 15.9304
September 16.4311 15.9410 16.1470
October 16.3831 15.8477 16.0643
November 16.6142 15.8170 16.2719
December 16.7309 16.2656 16.4954