YEARLY HIGH
101.5688 RWF
YEARLY LOW
83.4758 RWF
YEARLY AVERAGE
92.9271 RWF

2016 NOK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NOK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 3, valuing the pair at 101.5688. Conversely, the yearly low was recorded on January 6, dropping to 83.4758.

This high-to-low spread represents a total annual volatility of 18.0929 RWF. From a start-to-finish perspective, comparing the January average rate of 85.0085 to the December average rate of 96.2820, the exchange rate registered a net change of 13.26% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 101.5688 was up 7.45% compared to the 2015 peak of 94.5303, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 507,844 RWF
2015 Average 442,000 RWF
Yearly Trough Low 417,379 RWF
Transaction Impact: A difference of 90,464.65 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

100.1328
83.6336
JanuMarcMayJulySeptNove

NOK 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 89.8322, compared to 96.0220 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 6.1898 points.

H1 Avg (Jan–Jun) 89.8322
H2 Avg (Jul–Dec) 96.0220

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 9.8591 RWF (High: 96.9543 / Low: 87.0952). On the other end, February was the most stable month, with a tight range of 2.3082 RWF (High: 88.4407 / Low: 86.1325).

June Spread (Volatile) ±9.8591
February Spread (Stable) ±2.3082

Growth Streaks & Declines

Trends

Between 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 October and November, when the average rate fell by 1.8077 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -1.8077

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2016: 98.7579) against the same month in 2015 (average: 88.3231), the exchange rate shifted by +10.4348 (+11.81%).

2016 Avg (October) 98.7579
2015 Avg (October) 88.3231

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 86.6437 83.4758 85.0085
February 88.4407 86.1325 87.6284
March 92.0353 88.1677 89.5134
April 94.8647 90.8531 92.5733
May 94.9206 89.3071 92.4008
June 96.9543 87.0952 91.8687
July 93.1138 88.4723 91.1137
August 98.0122 92.6834 95.5059
September 99.8831 95.9910 97.5223
October 101.5688 97.0902 98.7579
November 99.7517 94.8733 96.9502
December 97.8897 94.2665 96.2820