2018 AFN to RWF Historical Review

YEARLY HIGH

13.8038 RWF

YEARLY LOW

11.3902 RWF

YEARLY AVERAGE

12.0100 RWF

2018 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 18, valuing the pair at 13.8038. Conversely, the yearly low was recorded on September 15, dropping to 11.3902.

This high-to-low spread represents a total annual volatility of 2.4136 RWF. From a start-to-finish perspective, comparing the January average rate of 12.2313 to the December average rate of 11.6804, the exchange rate registered a net change of -4.50% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 13.8038 was up 9.15% compared to the 2017 peak of 12.6470, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 AFN based on timing:

Yearly Peak High 69,019 RWF

2017 Average 61,728 RWF

Yearly Trough Low 56,951 RWF

Transaction Impact: A difference of 12,067.85 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

12.4580

11.4922

JanuMarcMayJulySeptNove

AFN 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 12.2500, compared to 11.7700 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.4800 points.

H1 Avg (Jan–Jun) 12.2500

H2 Avg (Jul–Dec) 11.7700

Volatility Range Comparison

Volatility

The most volatile month in 2018 was November, with a trading range of 2.2149 RWF (High: 13.8038 / Low: 11.5890). On the other end, March was the most stable month, with a tight range of 0.1739 RWF (High: 12.4589 / Low: 12.2851).

November Spread (Volatile) ±2.2149

March Spread (Stable) ±0.1739

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 August and September, when the average rate fell by 0.3107 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.3107

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 11.7550) against the same month in 2017 (average: 12.4274), the exchange rate shifted by -0.6724 (-5.41%).

2018 Avg (November) 11.7550

2017 Avg (November) 12.4274

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	12.3642	12.0974	12.2313
February	12.4631	12.1116	12.3061
March	12.4589	12.2851	12.3775
April	12.4554	12.2142	12.3285
May	12.3063	11.9850	12.1855
June	12.2119	11.7315	12.0710
July	12.1562	11.6802	11.9280
August	12.0707	11.8758	11.9972
September	11.9874	11.3902	11.6866
October	11.7703	11.4588	11.5727
November	13.8038	11.5890	11.7550
December	11.8572	11.4866	11.6804