2017 TOP to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 TOP to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the TOP to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 17, valuing the pair at 387.2856. Conversely, the yearly low was recorded on May 15, dropping to 353.2952.
This high-to-low spread represents a total annual volatility of 33.9904 RWF. From a start-to-finish perspective, comparing the January average rate of 360.1857 to the December average rate of 374.8084, the exchange rate registered a net change of 4.06% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 387.2856 was up 3.65% compared to the 2016 peak of 373.6620, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2017.
TOP to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 364.9617, compared to 375.6485 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 10.6868 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was August, with a trading range of 19.5964 RWF (High: 387.2856 / Low: 367.6892). On the other end, December was the most stable month, with a tight range of 8.7746 RWF (High: 378.8078 / Low: 370.0332).
Growth Streaks & Declines
TrendsBetween May and August, 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 February and March, when the average rate fell by 4.6137 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2017: 377.2776) against the same month in 2016 (average: 351.1393), the exchange rate shifted by +26.1382 (+7.44%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 365.1258 | 354.3918 | 360.1857 |
| February | 374.3368 | 361.4225 | 369.4509 |
| March | 373.5902 | 355.7630 | 364.8372 |
| April | 367.3882 | 356.7566 | 364.1276 |
| May | 368.3004 | 353.2952 | 361.5271 |
| June | 375.9036 | 363.2644 | 369.6417 |
| July | 379.4962 | 364.9861 | 372.8028 |
| August | 387.2856 | 367.6892 | 377.2776 |
| September | 384.8311 | 372.8675 | 377.1713 |
| October | 383.9295 | 370.2824 | 376.0831 |
| November | 380.4946 | 364.3241 | 375.7480 |
| December | 378.8078 | 370.0332 | 374.8084 |