2017 PHP to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 PHP to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the PHP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 17.2265. Conversely, the yearly low was recorded on August 15, dropping to 16.0025.
This high-to-low spread represents a total annual volatility of 1.2240 RWF. From a start-to-finish perspective, comparing the January average rate of 16.6645 to the December average rate of 17.0529, the exchange rate registered a net change of 2.33% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 17.2265 was down 1.35% compared to the 2016 peak of 17.4630, indicating shifts in long-term support levels.
Comparing the value generated converting 250,000 PHP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
PHP 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 16.7389, compared to 16.5591 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1798 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 0.8218 RWF (High: 16.8242 / Low: 16.0025). On the other end, December was the most stable month, with a tight range of 0.3922 RWF (High: 17.2265 / Low: 16.8342).
Growth Streaks & Declines
TrendsBetween August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.3968 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 17.0529) against the same month in 2016 (average: 16.5792), the exchange rate shifted by +0.4737 (+2.86%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 16.8495 | 16.4235 | 16.6645 |
| February | 16.8913 | 16.3238 | 16.6984 |
| March | 16.8097 | 16.3207 | 16.6091 |
| April | 17.0492 | 16.4503 | 16.7860 |
| May | 17.0361 | 16.5422 | 16.8062 |
| June | 17.1193 | 16.5157 | 16.8691 |
| July | 16.7519 | 16.1633 | 16.4723 |
| August | 16.8242 | 16.0025 | 16.3170 |
| September | 16.6032 | 16.1906 | 16.3708 |
| October | 16.5809 | 16.1864 | 16.3835 |
| November | 17.0923 | 16.3001 | 16.7580 |
| December | 17.2265 | 16.8342 | 17.0529 |