YEARLY HIGH
61.3374 RWF
YEARLY LOW
44.2862 RWF
YEARLY AVERAGE
53.2976 RWF

2016 ZAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 61.3374. Conversely, the yearly low was recorded on January 17, dropping to 44.2862.

This high-to-low spread represents a total annual volatility of 17.0512 RWF. From a start-to-finish perspective, comparing the January average rate of 46.0270 to the December average rate of 59.5322, the exchange rate registered a net change of 29.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 61.3374 was down 0.01% compared to the 2015 peak of 61.3405, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 3,066,870 RWF
2015 Average 2,801,253 RWF
Yearly Trough Low 2,214,312 RWF
Transaction Impact: A difference of 852,558.23 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

60.8827
44.6764
JanuMarcMayJulySeptNove

ZAR 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 49.2676, compared to 57.3277 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 8.0601 points.

H1 Avg (Jan–Jun) 49.2676
H2 Avg (Jul–Dec) 57.3277

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 7.2554 RWF (High: 54.9542 / Low: 47.6988). On the other end, March was the most stable month, with a tight range of 2.5117 RWF (High: 50.8686 / Low: 48.3568).

June Spread (Volatile) ±7.2554
March Spread (Stable) ±2.5117

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 2.3754 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.3754

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 58.4203) against the same month in 2015 (average: 52.6271), the exchange rate shifted by +5.7932 (+11.01%).

2016 Avg (November) 58.4203
2015 Avg (November) 52.6271

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 48.3371 44.2862 46.0270
February 49.8809 46.3511 47.7344
March 50.8686 48.3568 49.3526
April 54.2530 49.8410 52.1389
May 53.5744 47.2571 49.7636
June 54.9542 47.6988 50.5891
July 56.1522 51.0977 53.6017
August 59.9729 55.1487 57.6184
September 59.2811 55.1836 56.9047
October 60.1558 55.9991 57.8889
November 61.3374 56.5727 58.4203
December 61.2261 58.1656 59.5322