YEARLY HIGH
108.8230 RWF
YEARLY LOW
95.3946 RWF
YEARLY AVERAGE
101.5321 RWF

2017 NOK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the NOK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on September 7, valuing the pair at 108.8230. Conversely, the yearly low was recorded on April 7, dropping to 95.3946.

This high-to-low spread represents a total annual volatility of 13.4284 RWF. From a start-to-finish perspective, comparing the January average rate of 97.9509 to the December average rate of 103.1783, the exchange rate registered a net change of 5.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 108.8230 was up 7.14% compared to the 2016 peak of 101.5688, 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 544,115 RWF
2016 Average 464,682 RWF
Yearly Trough Low 476,973 RWF
Transaction Impact: A difference of 67,141.95 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

107.4781
96.3845
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 98.5814, compared to 104.4828 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 5.9014 points.

H1 Avg (Jan–Jun) 98.5814
H2 Avg (Jul–Dec) 104.4828

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 7.1428 RWF (High: 105.7590 / Low: 98.6162). On the other end, April was the most stable month, with a tight range of 2.8238 RWF (High: 98.2184 / Low: 95.3946).

July Spread (Volatile) ±7.1428
April Spread (Stable) ±2.8238

Growth Streaks & Declines

Trends

Between April and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 2.1328 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.1328

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 106.5536) against the same month in 2016 (average: 97.5223), the exchange rate shifted by +9.0314 (+9.26%).

2017 Avg (September) 106.5536
2016 Avg (September) 97.5223

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 101.0955 96.0536 97.9509
February 102.0968 97.6970 100.2141
March 99.3770 95.9420 98.0812
April 98.2184 95.3946 97.3090
May 101.1990 95.7447 98.5225
June 101.0842 97.7387 99.4109
July 105.7590 98.6162 102.2645
August 108.4037 103.4905 105.4005
September 108.8230 104.8713 106.5536
October 107.4053 103.7172 105.2351
November 105.4786 101.8553 104.2650
December 104.5179 101.6832 103.1783