YEARLY HIGH
0.4411 NGN
YEARLY LOW
0.2543 NGN
YEARLY AVERAGE
0.3283 NGN

2016 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 22, valuing the pair at 0.4411. Conversely, the yearly low was recorded on June 20, dropping to 0.2543.

This high-to-low spread represents a total annual volatility of 0.1868 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2658 to the December average rate of 0.3815, the exchange rate registered a net change of 43.53% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4411 was up 48.75% compared to the 2015 peak of 0.2965, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,205 NGN
2015 Average 1,390 NGN
Yearly Trough Low 1,272 NGN
Transaction Impact: A difference of 933.84 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4211
0.2469
JanuMarcMayJulySeptNove

RWF to NGN 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 0.2682, compared to 0.3884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1202 points.

H1 Avg (Jan–Jun) 0.2682
H2 Avg (Jul–Dec) 0.3884

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.1246 NGN (High: 0.3789 / Low: 0.2543). On the other end, January was the most stable month, with a tight range of 0.0031 NGN (High: 0.2670 / Low: 0.2639).

June Spread (Volatile) ±0.1246
January Spread (Stable) ±0.0031

Growth Streaks & Declines

Trends

Between April and August, 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 August and September, when the average rate fell by 0.0159 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.0159

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2016: 0.4066) against the same month in 2015 (average: 0.2767), the exchange rate shifted by +0.1299 (+46.95%).

2016 Avg (August) 0.4066
2015 Avg (August) 0.2767

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2670 0.2639 0.2658
February 0.2667 0.2600 0.2639
March 0.2662 0.2559 0.2626
April 0.2647 0.2555 0.2614
May 0.2667 0.2584 0.2616
June 0.3789 0.2543 0.2940
July 0.4091 0.3623 0.3791
August 0.4411 0.3857 0.4066
September 0.3960 0.3871 0.3907
October 0.3954 0.3843 0.3882
November 0.3932 0.3800 0.3844
December 0.3866 0.3656 0.3815