2016 MVR to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 MVR to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the MVR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 54.5868. Conversely, the yearly low was recorded on February 3, dropping to 48.5422.
This high-to-low spread represents a total annual volatility of 6.0446 RWF. From a start-to-finish perspective, comparing the January average rate of 48.9254 to the December average rate of 53.8744, the exchange rate registered a net change of 10.12% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 54.5868 was up 11.48% compared to the 2015 peak of 48.9659, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MVR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
MVR 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 49.5785, compared to 52.6068 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 3.0284 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 3.1932 RWF (High: 51.7945 / Low: 48.6013). On the other end, January was the most stable month, with a tight range of 0.5936 RWF (High: 49.2506 / Low: 48.6570).
Growth Streaks & Declines
TrendsBetween 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 0.1548 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 53.8744) against the same month in 2015 (average: 48.7026), the exchange rate shifted by +5.1718 (+10.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 49.2506 | 48.6570 | 48.9254 |
| February | 50.3244 | 48.5422 | 49.2933 |
| March | 50.8495 | 48.7192 | 49.6554 |
| April | 51.1518 | 49.3105 | 49.9226 |
| May | 50.4928 | 48.7166 | 49.7678 |
| June | 51.7945 | 48.6013 | 49.9065 |
| July | 52.0149 | 49.4694 | 50.8069 |
| August | 53.3549 | 51.5431 | 52.2260 |
| September | 52.9033 | 52.0653 | 52.4964 |
| October | 53.5732 | 51.9219 | 52.8100 |
| November | 54.0916 | 52.2848 | 53.4272 |
| December | 54.5868 | 53.2627 | 53.8744 |