2016 NIO to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 NIO to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the NIO to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 28.3545. Conversely, the yearly low was recorded on June 26, dropping to 26.0075.
This high-to-low spread represents a total annual volatility of 2.3470 RWF. From a start-to-finish perspective, comparing the January average rate of 26.9211 to the December average rate of 28.1686, the exchange rate registered a net change of 4.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 28.3545 was up 3.69% compared to the 2015 peak of 27.3452, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
NIO 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 26.8493, compared to 27.6870 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.8377 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 1.6778 RWF (High: 27.6852 / Low: 26.0075). On the other end, September was the most stable month, with a tight range of 0.3460 RWF (High: 27.8191 / Low: 27.4731).
Growth Streaks & Declines
TrendsBetween June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2985 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2016: 28.1686) against the same month in 2015 (average: 26.7698), the exchange rate shifted by +1.3988 (+5.23%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.1437 | 26.7339 | 26.9211 |
| February | 27.2610 | 26.5976 | 26.8961 |
| March | 27.4271 | 26.4175 | 26.8339 |
| April | 27.8078 | 26.5769 | 27.0191 |
| May | 27.0792 | 26.1696 | 26.7207 |
| June | 27.6852 | 26.0075 | 26.7050 |
| July | 27.6021 | 26.3726 | 26.9856 |
| August | 28.0197 | 27.1403 | 27.5127 |
| September | 27.8191 | 27.4731 | 27.6662 |
| October | 28.1286 | 27.3277 | 27.7636 |
| November | 28.2202 | 27.4842 | 28.0251 |
| December | 28.3545 | 27.8190 | 28.1686 |