2016 VEF to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 VEF to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the VEF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 13, valuing the pair at 122.5017. Conversely, the yearly low was recorded on June 26, dropping to 74.4101.
This high-to-low spread represents a total annual volatility of 48.0916 RWF. From a start-to-finish perspective, comparing the January average rate of 118.4997 to the December average rate of 82.6294, the exchange rate registered a net change of -30.27% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 122.5017 was up 3.35% compared to the 2015 peak of 118.5283, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 VEF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
VEF 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 97.8001, compared to 80.3859 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.4142 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 5.0381 RWF (High: 79.4482 / Low: 74.4101). On the other end, September was the most stable month, with a tight range of 1.1245 RWF (High: 80.8044 / Low: 79.6799).
Growth Streaks & Declines
TrendsBetween May and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 43.4779 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 119.8403) against the same month in 2015 (average: 110.0607), the exchange rate shifted by +9.7796 (+8.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 119.2834 | 117.9068 | 118.4997 |
| February | 121.1703 | 117.7931 | 119.3172 |
| March | 122.5017 | 118.1196 | 119.8403 |
| April | 78.1739 | 75.4478 | 76.3625 |
| May | 77.2835 | 74.8483 | 76.3178 |
| June | 79.4482 | 74.4101 | 76.4629 |
| July | 79.0324 | 75.0162 | 77.2808 |
| August | 81.3529 | 78.4382 | 79.4959 |
| September | 80.8044 | 79.6799 | 80.2932 |
| October | 81.8282 | 79.5657 | 80.8001 |
| November | 82.3775 | 79.9253 | 81.8160 |
| December | 83.6763 | 81.8352 | 82.6294 |