YEARLY HIGH
69.9770 RWF
YEARLY LOW
58.6621 RWF
YEARLY AVERAGE
63.0864 RWF

2017 ZAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 69.9770. Conversely, the yearly low was recorded on November 9, dropping to 58.6621.

This high-to-low spread represents a total annual volatility of 11.3149 RWF. From a start-to-finish perspective, comparing the January average rate of 61.0391 to the December average rate of 65.6187, the exchange rate registered a net change of 7.50% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 69.9770 was up 14.09% compared to the 2016 peak of 61.3374, 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 3,498,849 RWF
2016 Average 2,665,738 RWF
Yearly Trough Low 2,933,103 RWF
Transaction Impact: A difference of 565,746.64 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

66.1257
60.0428
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 63.2770, compared to 62.8958 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.3812 points.

H1 Avg (Jan–Jun) 63.2770
H2 Avg (Jul–Dec) 62.8958

Volatility Range Comparison

Volatility

The most volatile month in 2017 was December, with a trading range of 7.8845 RWF (High: 69.9770 / Low: 62.0925). On the other end, June was the most stable month, with a tight range of 2.6750 RWF (High: 66.4334 / Low: 63.7584).

December Spread (Volatile) ±7.8845
June Spread (Stable) ±2.6750

Growth Streaks & Declines

Trends

Between January and March, 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 March and April, when the average rate fell by 2.2978 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -2.2978

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2017: 65.6187) against the same month in 2016 (average: 59.5322), the exchange rate shifted by +6.0865 (+10.22%).

2017 Avg (December) 65.6187
2016 Avg (December) 59.5322

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 62.9567 59.5990 61.0391
February 64.9895 61.4308 63.3621
March 67.5293 61.5343 64.5755
April 64.5302 59.2308 62.2777
May 65.8706 60.9017 63.1883
June 66.4334 63.7584 65.2193
July 65.6584 61.6058 63.5311
August 64.6584 61.4016 62.7917
September 65.6640 61.6515 63.4303
October 62.9947 59.6029 61.4532
November 62.8891 58.6621 60.5497
December 69.9770 62.0925 65.6187