2018 HNL to RWF Historical Review

YEARLY HIGH

38.2766 RWF

YEARLY LOW

35.6383 RWF

YEARLY AVERAGE

36.3302 RWF

2018 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 38.2766. Conversely, the yearly low was recorded on December 10, dropping to 35.6383.

This high-to-low spread represents a total annual volatility of 2.6384 RWF. From a start-to-finish perspective, comparing the January average rate of 36.1247 to the December average rate of 36.3960, the exchange rate registered a net change of 0.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 38.2766 was up 4.75% compared to the 2017 peak of 36.5395, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 191,383 RWF

2017 Average 178,683 RWF

Yearly Trough Low 178,191 RWF

Transaction Impact: A difference of 13,191.76 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

36.4814

36.0923

JanuMarcMayJulySeptNove

HNL 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 36.2830, compared to 36.3773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0943 points.

H1 Avg (Jan–Jun) 36.2830

H2 Avg (Jul–Dec) 36.3773

Volatility Range Comparison

Volatility

The most volatile month in 2018 was December, with a trading range of 2.6384 RWF (High: 38.2766 / Low: 35.6383). On the other end, March was the most stable month, with a tight range of 0.4273 RWF (High: 36.6222 / Low: 36.1949).

December Spread (Volatile) ±2.6384

March Spread (Stable) ±0.4273

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 0.2837 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.2837

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2018: 36.3960) against the same month in 2017 (average: 36.2789), the exchange rate shifted by +0.1171 (+0.32%).

2018 Avg (December) 36.3960

2017 Avg (December) 36.2789

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	36.3717	35.6906	36.1247
February	36.5747	35.7441	36.1629
March	36.6222	36.1949	36.3845
April	36.6175	36.0454	36.4490
May	36.6854	36.0449	36.4304
June	36.4614	35.7792	36.1467
July	36.6567	35.7742	36.2445
August	36.7129	35.7737	36.3432
September	36.6920	35.9519	36.4328
October	36.8509	35.9586	36.3984
November	36.8091	36.1047	36.4489
December	38.2766	35.6383	36.3960