YEARLY HIGH
61.1038 RWF
YEARLY LOW
44.3879 RWF
YEARLY AVERAGE
53.2988 RWF

2016 SZL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 61.1038. Conversely, the yearly low was recorded on January 17, dropping to 44.3879.

This high-to-low spread represents a total annual volatility of 16.7159 RWF. From a start-to-finish perspective, comparing the January average rate of 46.0474 to the December average rate of 59.4670, the exchange rate registered a net change of 29.14% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 61.1038 was down 0.44% compared to the 2015 peak of 61.3744, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 305,519 RWF
2015 Average 280,123 RWF
Yearly Trough Low 221,939 RWF
Transaction Impact: A difference of 83,579.70 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

60.8090
44.7054
JanuMarcMayJulySeptNove

SZL 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 49.2659, compared to 57.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0659 points.

H1 Avg (Jan–Jun) 49.2659
H2 Avg (Jul–Dec) 57.3318

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 7.1878 RWF (High: 54.8986 / Low: 47.7108). On the other end, March was the most stable month, with a tight range of 2.6578 RWF (High: 50.8931 / Low: 48.2353).

June Spread (Volatile) ±7.1878
March Spread (Stable) ±2.6578

Growth Streaks & Declines

Trends

Between January and April, 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 April and May, when the average rate fell by 2.3632 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3632

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 58.4066) against the same month in 2015 (average: 52.6296), the exchange rate shifted by +5.7770 (+10.98%).

2016 Avg (November) 58.4066
2015 Avg (November) 52.6296

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.3022 44.3879 46.0474
February 49.7866 46.3858 47.7302
March 50.8931 48.2353 49.3270
April 54.2975 49.8383 52.1320
May 53.6107 47.2766 49.7687
June 54.8986 47.7108 50.5899
July 56.0472 50.9808 53.6013
August 59.9067 55.5711 57.7145
September 59.1254 55.0876 56.9306
October 60.0718 56.1587 57.8705
November 61.1038 56.4839 58.4066
December 61.0843 58.3431 59.4670