2018 BIF to RWF Historical Review

YEARLY HIGH

0.4993 RWF

YEARLY LOW

0.4771 RWF

YEARLY AVERAGE

0.4887 RWF

2018 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 9, valuing the pair at 0.4993. Conversely, the yearly low was recorded on January 24, dropping to 0.4771.

This high-to-low spread represents a total annual volatility of 0.0222 RWF. From a start-to-finish perspective, comparing the January average rate of 0.4842 to the December average rate of 0.4885, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4993 was up 0.11% compared to the 2017 peak of 0.4988, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,497 RWF

2017 Average 2,435 RWF

Yearly Trough Low 2,386 RWF

Transaction Impact: A difference of 110.96 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4945

0.4826

JanuMarcMayJulySeptNove

BIF 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 0.4865, compared to 0.4909 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0044 points.

H1 Avg (Jan–Jun) 0.4865

H2 Avg (Jul–Dec) 0.4909

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0199 RWF (High: 0.4993 / Low: 0.4795). On the other end, March was the most stable month, with a tight range of 0.0107 RWF (High: 0.4914 / Low: 0.4806).

December Spread (Volatile) ±0.0199

March Spread (Stable) ±0.0107

Growth Streaks & Declines

Trends

Between February and May, 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 September and October, when the average rate fell by 0.0042 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0042

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.4885) against the same month in 2017 (average: 0.4876), the exchange rate shifted by +0.0009 (+0.19%).

2018 Avg (December) 0.4885

2017 Avg (December) 0.4876

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4898	0.4771	0.4842
February	0.4921	0.4774	0.4836
March	0.4914	0.4806	0.4867
April	0.4925	0.4795	0.4870
May	0.4949	0.4804	0.4889
June	0.4951	0.4818	0.4885
July	0.4975	0.4818	0.4907
August	0.4974	0.4815	0.4915
September	0.4976	0.4846	0.4935
October	0.4989	0.4798	0.4893
November	0.4989	0.4821	0.4916
December	0.4993	0.4795	0.4885