2017 VEF to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2017.
2017 VEF to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2017
During 2017, the VEF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 86.1012. Conversely, the yearly low was recorded on November 9, dropping to 77.5550.
This high-to-low spread represents a total annual volatility of 8.5462 RWF. From a start-to-finish perspective, comparing the January average rate of 83.0015 to the December average rate of 83.2976, the exchange rate registered a net change of 0.36% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2017 high of 86.1012 was down 29.71% compared to the 2016 peak of 122.5017, 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 2017.
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 83.3683, compared to 82.7544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6139 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2017 was November, with a trading range of 8.2859 RWF (High: 85.8409 / Low: 77.5550). On the other end, January was the most stable month, with a tight range of 2.0430 RWF (High: 83.9749 / Low: 81.9318).
Growth Streaks & Declines
TrendsBetween August and October, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 1.2146 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2017: 83.2976) against the same month in 2016 (average: 82.6294), the exchange rate shifted by +0.6682 (+0.81%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 83.9749 | 81.9318 | 83.0015 |
| February | 84.2617 | 82.1731 | 83.5760 |
| March | 84.5283 | 82.1184 | 83.5149 |
| April | 84.3884 | 81.1742 | 83.1725 |
| May | 84.8973 | 80.5970 | 83.1405 |
| June | 84.9706 | 82.1752 | 83.8044 |
| July | 84.8125 | 80.6042 | 82.5898 |
| August | 83.9784 | 79.7434 | 81.9309 |
| September | 83.6982 | 81.6238 | 82.8811 |
| October | 85.4140 | 80.6440 | 83.2816 |
| November | 85.8409 | 77.5550 | 82.5456 |
| December | 86.1012 | 79.3439 | 83.2976 |