YEARLY HIGH
114.4157 RWF
YEARLY LOW
107.8196 RWF
YEARLY AVERAGE
110.8356 RWF

2018 HKD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HKD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 114.4157. Conversely, the yearly low was recorded on February 5, dropping to 107.8196.

This high-to-low spread represents a total annual volatility of 6.5961 RWF. From a start-to-finish perspective, comparing the January average rate of 109.1663 to the December average rate of 112.8780, the exchange rate registered a net change of 3.40% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 114.4157 was up 3.64% compared to the 2017 peak of 110.4023, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 25,000 HKD based on timing:

Yearly Peak High 2,860,394 RWF
2017 Average 2,690,686 RWF
Yearly Trough Low 2,695,491 RWF
Transaction Impact: A difference of 164,902.54 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

113.4030
108.7286
JanuMarcMayJulySeptNove

HKD 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 109.7659, compared to 111.9052 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.1393 points.

H1 Avg (Jan–Jun) 109.7659
H2 Avg (Jul–Dec) 111.9052

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.9539 RWF (High: 114.4157 / Low: 111.4619). On the other end, May was the most stable month, with a tight range of 1.3475 RWF (High: 110.9095 / Low: 109.5619).

December Spread (Volatile) ±2.9539
May Spread (Stable) ±1.3475

Growth Streaks & Declines

Trends

Between February and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 9 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1355 points.

Longest Streak 9 Mo.
Sharpest MoM Drop -0.1355

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 112.8780) against the same month in 2017 (average: 109.7606), the exchange rate shifted by +3.1175 (+2.84%).

2018 Avg (December) 112.8780
2017 Avg (December) 109.7606

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 110.2394 108.0846 109.1663
February 110.5448 107.8196 109.1182
March 110.5437 109.0082 109.6424
April 110.5017 108.9311 109.9316
May 110.9095 109.5619 110.3465
June 111.3254 109.5632 110.3906
July 111.8289 109.5688 110.7495
August 112.2400 109.5493 111.1605
September 113.0021 110.3522 111.8046
October 113.1603 110.7190 111.8252
November 113.8988 111.9062 113.0135
December 114.4157 111.4619 112.8780