2018 GNF to RWF Historical Review

YEARLY HIGH

0.0982 RWF

YEARLY LOW

0.0935 RWF

YEARLY AVERAGE

0.0960 RWF

2018 GNF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the GNF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 0.0982. Conversely, the yearly low was recorded on February 5, dropping to 0.0935.

This high-to-low spread represents a total annual volatility of 0.0046 RWF. From a start-to-finish perspective, comparing the January average rate of 0.0948 to the December average rate of 0.0964, the exchange rate registered a net change of 1.78% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.0982 was up 2.55% compared to the 2017 peak of 0.0957, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 491 RWF

2017 Average 460 RWF

Yearly Trough Low 468 RWF

Transaction Impact: A difference of 23.09 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.0974

0.0945

JanuMarcMayJulySeptNove

GNF 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 0.0954, compared to 0.0965 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0011 points.

H1 Avg (Jan–Jun) 0.0954

H2 Avg (Jul–Dec) 0.0965

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 0.0034 RWF (High: 0.0982 / Low: 0.0947). On the other end, May was the most stable month, with a tight range of 0.0009 RWF (High: 0.0964 / Low: 0.0955).

December Spread (Volatile) ±0.0034

May Spread (Stable) ±0.0009

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 0.0007 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0007

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 0.0964) against the same month in 2017 (average: 0.0951), the exchange rate shifted by +0.0014 (+1.43%).

2018 Avg (December) 0.0964

2017 Avg (December) 0.0951

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0957	0.0939	0.0948
February	0.0958	0.0935	0.0948
March	0.0961	0.0950	0.0954
April	0.0961	0.0949	0.0956
May	0.0964	0.0955	0.0961
June	0.0966	0.0952	0.0959
July	0.0972	0.0947	0.0960
August	0.0973	0.0945	0.0964
September	0.0975	0.0950	0.0967
October	0.0979	0.0951	0.0965
November	0.0980	0.0959	0.0971
December	0.0982	0.0947	0.0964