YEARLY HIGH
0.4451 NGN
YEARLY LOW
0.3623 NGN
YEARLY AVERAGE
0.3977 NGN

2017 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on August 15, valuing the pair at 0.4451. Conversely, the yearly low was recorded on July 17, dropping to 0.3623.

This high-to-low spread represents a total annual volatility of 0.0829 NGN. From a start-to-finish perspective, comparing the January average rate of 0.3777 to the December average rate of 0.4196, the exchange rate registered a net change of 11.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.4451 was up 0.92% compared to the 2016 peak of 0.4411, 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 2,226 NGN
2016 Average 1,643 NGN
Yearly Trough Low 1,811 NGN
Transaction Impact: A difference of 414.32 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.4352
0.3709
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 0.3776, compared to 0.4178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0402 points.

H1 Avg (Jan–Jun) 0.3776
H2 Avg (Jul–Dec) 0.4178

Volatility Range Comparison

Volatility

The most volatile month in 2017 was August, with a trading range of 0.0638 NGN (High: 0.4451 / Low: 0.3813). On the other end, December was the most stable month, with a tight range of 0.0058 NGN (High: 0.4238 / Low: 0.4180).

August Spread (Volatile) ±0.0638
December Spread (Stable) ±0.0058

Growth Streaks & Declines

Trends

Between June and September, 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 0.0054 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0054

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2017: 0.4294) against the same month in 2016 (average: 0.4066), the exchange rate shifted by +0.0228 (+5.61%).

2017 Avg (August) 0.4294
2016 Avg (August) 0.4066

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3877 0.3646 0.3777
February 0.3861 0.3638 0.3777
March 0.3858 0.3649 0.3763
April 0.3848 0.3653 0.3767
May 0.3951 0.3727 0.3786
June 0.4154 0.3716 0.3786
July 0.4236 0.3623 0.3798
August 0.4451 0.3813 0.4294
September 0.4349 0.4228 0.4298
October 0.4322 0.4208 0.4268
November 0.4299 0.4162 0.4214
December 0.4238 0.4180 0.4196