2018 ETB to RWF Historical Review

YEARLY HIGH

32.0816 RWF

YEARLY LOW

30.6419 RWF

YEARLY AVERAGE

31.3957 RWF

2018 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 25, valuing the pair at 32.0816. Conversely, the yearly low was recorded on February 1, dropping to 30.6419.

This high-to-low spread represents a total annual volatility of 1.4397 RWF. From a start-to-finish perspective, comparing the January average rate of 31.0950 to the December average rate of 31.3133, the exchange rate registered a net change of 0.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 32.0816 was down 13.77% compared to the 2017 peak of 37.2033, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 160,408 RWF

2017 Average 175,749 RWF

Yearly Trough Low 153,210 RWF

Transaction Impact: A difference of 7,198.38 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

31.6594

30.9775

JanuMarcMayJulySeptNove

ETB 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 31.2826, compared to 31.5087 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2262 points.

H1 Avg (Jan–Jun) 31.2826

H2 Avg (Jul–Dec) 31.5087

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 1.0683 RWF (High: 32.0164 / Low: 30.9481). On the other end, May was the most stable month, with a tight range of 0.3681 RWF (High: 31.6181 / Low: 31.2500).

September Spread (Volatile) ±1.0683

May Spread (Stable) ±0.3681

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 November and December, when the average rate fell by 0.2881 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2881

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2018: 31.5257) against the same month in 2017 (average: 35.8886), the exchange rate shifted by -4.3629 (-12.16%).

2018 Avg (July) 31.5257

2017 Avg (July) 35.8886

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.4066	30.6604	31.0950
February	31.5418	30.6419	31.0343
March	31.5460	31.0120	31.2637
April	31.6372	31.0120	31.3960
May	31.6181	31.2500	31.4727
June	31.6956	31.1775	31.4337
July	32.0816	31.0943	31.5257
August	31.8869	30.9854	31.5701
September	32.0164	30.9481	31.6026
October	32.0010	31.0598	31.4392
November	31.8525	31.1277	31.6015
December	31.7924	30.7733	31.3133