YEARLY HIGH
195.9519 RWF
YEARLY LOW
175.1008 RWF
YEARLY AVERAGE
185.7051 RWF

2018 GHS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GHS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 1, valuing the pair at 195.9519. Conversely, the yearly low was recorded on October 3, dropping to 175.1008.

This high-to-low spread represents a total annual volatility of 20.8511 RWF. From a start-to-finish perspective, comparing the January average rate of 187.9848 to the December average rate of 179.5358, the exchange rate registered a net change of -4.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 195.9519 was down 3.27% compared to the 2017 peak of 202.5715, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 979,759 RWF
2017 Average 953,725 RWF
Yearly Trough Low 875,504 RWF
Transaction Impact: A difference of 104,255.32 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

195.6856
178.0676
JanuMarcMayJulySeptNove

GHS 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 189.9925, compared to 181.4178 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.5746 points.

H1 Avg (Jan–Jun) 189.9925
H2 Avg (Jul–Dec) 181.4178

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 10.4169 RWF (High: 186.8075 / Low: 176.3906). On the other end, April was the most stable month, with a tight range of 3.1988 RWF (High: 195.9519 / Low: 192.7531).

September Spread (Volatile) ±10.4169
April Spread (Stable) ±3.1988

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 May and June, when the average rate fell by 6.1379 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -6.1379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2018: 194.2174) against the same month in 2017 (average: 198.2876), the exchange rate shifted by -4.0702 (-2.05%).

2018 Avg (April) 194.2174
2017 Avg (April) 198.2876

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 190.3363 185.7770 187.9848
February 193.5307 187.0927 190.8766
March 195.8138 191.9283 194.0121
April 195.9519 192.7531 194.2174
May 193.2916 184.1466 189.5009
June 186.3667 179.5407 183.3629
July 183.2568 178.4232 181.3256
August 186.0232 177.5897 181.8778
September 186.8075 176.3906 183.0108
October 184.5587 175.1008 180.7735
November 185.3556 178.5946 181.9835
December 183.0399 175.2515 179.5358