YEARLY HIGH
0.0120 NOK
YEARLY LOW
0.0098 NOK
YEARLY AVERAGE
0.0108 NOK

2016 RWF to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the RWF to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.0120. Conversely, the yearly low was recorded on October 3, dropping to 0.0098.

This high-to-low spread represents a total annual volatility of 0.0021 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0118 to the December average rate of 0.0104, the exchange rate registered a net change of -11.71% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.0120 was up 0.23% compared to the 2015 peak of 0.0120, 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 60 NOK
2015 Average 57 NOK
Yearly Trough Low 49 NOK
Transaction Impact: A difference of 10.67 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.0119
0.0100
JanuMarcMayJulySeptNove

RWF to NOK 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 0.0111, compared to 0.0104 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0111
H2 Avg (Jul–Dec) 0.0104

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 0.0012 NOK (High: 0.0115 / Low: 0.0103). On the other end, February was the most stable month, with a tight range of 0.0003 NOK (High: 0.0116 / Low: 0.0113).

June Spread (Volatile) ±0.0012
February Spread (Stable) ±0.0003

Growth Streaks & Declines

Trends

Between April and July, 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 July and August, when the average rate fell by 0.0005 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0005

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.0118) against the same month in 2015 (average: 0.0111), the exchange rate shifted by +0.0007 (+6.03%).

2016 Avg (January) 0.0118
2015 Avg (January) 0.0111

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0120 0.0115 0.0118
February 0.0116 0.0113 0.0114
March 0.0113 0.0109 0.0112
April 0.0110 0.0105 0.0108
May 0.0112 0.0105 0.0108
June 0.0115 0.0103 0.0109
July 0.0113 0.0107 0.0110
August 0.0108 0.0102 0.0105
September 0.0104 0.0100 0.0103
October 0.0103 0.0098 0.0101
November 0.0105 0.0100 0.0103
December 0.0106 0.0102 0.0104