2017 MXN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 MXN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the MXN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 18, valuing the pair at 48.4546. Conversely, the yearly low was recorded on January 11, dropping to 37.7826.
This high-to-low spread represents a total annual volatility of 10.6720 RWF. From a start-to-finish perspective, comparing the January average rate of 38.8464 to the December average rate of 44.6225, the exchange rate registered a net change of 14.87% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 48.4546 was up 8.44% compared to the 2016 peak of 44.6838, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 MXN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
MXN 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 43.1507, compared to 45.7829 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.6322 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was July, with a trading range of 3.0728 RWF (High: 48.4546 / Low: 45.3818). On the other end, August was the most stable month, with a tight range of 1.5820 RWF (High: 47.5264 / Low: 45.9443).
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 2.1125 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2017: 46.7814) against the same month in 2016 (average: 41.5309), the exchange rate shifted by +5.2505 (+12.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 40.3016 | 37.7826 | 38.8464 |
| February | 42.2774 | 40.0861 | 41.1735 |
| March | 45.0545 | 41.9873 | 43.3124 |
| April | 45.4580 | 43.7835 | 44.6381 |
| May | 45.7999 | 43.6215 | 44.6111 |
| June | 47.3192 | 44.6901 | 46.3230 |
| July | 48.4546 | 45.3818 | 46.7814 |
| August | 47.5264 | 45.9443 | 46.7120 |
| September | 47.6506 | 45.8590 | 46.8056 |
| October | 45.9933 | 43.7849 | 44.6931 |
| November | 46.3734 | 43.9658 | 45.0830 |
| December | 46.1253 | 43.1803 | 44.6225 |