YEARLY HIGH
37.4452 RWF
YEARLY LOW
34.0402 RWF
YEARLY AVERAGE
35.7101 RWF

2016 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 20, valuing the pair at 37.4452. Conversely, the yearly low was recorded on June 29, dropping to 34.0402.

This high-to-low spread represents a total annual volatility of 3.4050 RWF. From a start-to-finish perspective, comparing the January average rate of 35.2508 to the December average rate of 36.8508, the exchange rate registered a net change of 4.54% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 37.4452 was up 4.47% compared to the 2015 peak of 35.8445, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 187,226 RWF
2015 Average 172,144 RWF
Yearly Trough Low 170,201 RWF
Transaction Impact: A difference of 17,025.14 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

37.0394
34.7759
JanuMarcMayJulySeptNove

ETB 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 35.2411, compared to 36.1792 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9381 points.

H1 Avg (Jan–Jun) 35.2411
H2 Avg (Jul–Dec) 36.1792

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.3003 RWF (High: 36.3405 / Low: 34.0402). On the other end, January was the most stable month, with a tight range of 0.4742 RWF (High: 35.4937 / Low: 35.0195).

June Spread (Volatile) ±2.3003
January Spread (Stable) ±0.4742

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.2331 points.

Longest Streak 6 Mo.
Sharpest MoM Drop -0.2331

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 36.8508) against the same month in 2015 (average: 35.3410), the exchange rate shifted by +1.5098 (+4.27%).

2016 Avg (December) 36.8508
2015 Avg (December) 35.3410

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 35.4937 35.0195 35.2508
February 35.8143 34.9795 35.3734
March 36.3437 34.7956 35.4371
April 36.1240 34.8708 35.3269
May 35.5641 34.1067 35.0938
June 36.3405 34.0402 34.9645
July 35.9263 34.3401 35.1425
August 36.7538 35.4595 35.9441
September 36.5377 36.0005 36.2418
October 36.8101 35.7517 36.3179
November 36.8750 35.7314 36.5778
December 37.4452 36.4568 36.8508