2017 NGN to RWF Historical Review

YEARLY HIGH

2.7603 RWF

YEARLY LOW

2.2465 RWF

YEARLY AVERAGE

2.5240 RWF

2017 NGN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 17, valuing the pair at 2.7603. Conversely, the yearly low was recorded on August 15, dropping to 2.2465.

This high-to-low spread represents a total annual volatility of 0.5138 RWF. From a start-to-finish perspective, comparing the January average rate of 2.6480 to the December average rate of 2.3835, the exchange rate registered a net change of -9.99% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.7603 was down 29.80% compared to the 2016 peak of 3.9319, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 2,760,281 RWF

2016 Average 3,160,487 RWF

Yearly Trough Low 2,246,456 RWF

Transaction Impact: A difference of 513,824.59 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.6913

2.2934

JanuMarcMayJulySeptNove

NGN 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 2.6489, compared to 2.3990 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2499 points.

H1 Avg (Jan–Jun) 2.6489

H2 Avg (Jul–Dec) 2.3990

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.3998 RWF (High: 2.7603 / Low: 2.3605). On the other end, December was the most stable month, with a tight range of 0.0327 RWF (High: 2.3922 / Low: 2.3595).

July Spread (Volatile) ±0.3998

December Spread (Stable) ±0.0327

Growth Streaks & Declines

Trends

Between September and December, 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 July and August, when the average rate fell by 0.3027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.3027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2017: 2.6353) against the same month in 2016 (average: 2.6406), the exchange rate shifted by -0.0053 (-0.20%).

2017 Avg (July) 2.6353

2016 Avg (July) 2.6406

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.7424	2.5795	2.6480
February	2.7484	2.5899	2.6481
March	2.7404	2.5918	2.6582
April	2.7378	2.5984	2.6548
May	2.6831	2.5313	2.6415
June	2.6913	2.4075	2.6431
July	2.7603	2.3605	2.6353
August	2.6223	2.2465	2.3326
September	2.3650	2.2993	2.3266
October	2.3763	2.3139	2.3431
November	2.4025	2.3262	2.3732
December	2.3922	2.3595	2.3835