2018 ISK to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ISK to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ISK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 27, valuing the pair at 8.8046. Conversely, the yearly low was recorded on December 10, dropping to 7.0538.
This high-to-low spread represents a total annual volatility of 1.7508 RWF. From a start-to-finish perspective, comparing the January average rate of 8.3104 to the December average rate of 7.3317, the exchange rate registered a net change of -11.78% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 8.8046 was up 1.98% compared to the 2017 peak of 8.6340, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ISK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ISK to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 8.4200, compared to 7.7039 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.7162 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was October, with a trading range of 0.6350 RWF (High: 7.8514 / Low: 7.2164). On the other end, April was the most stable month, with a tight range of 0.2500 RWF (High: 8.7840 / Low: 8.5340).
Growth Streaks & Declines
TrendsBetween 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 September and October, when the average rate fell by 0.4479 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 8.6422) against the same month in 2017 (average: 7.6401), the exchange rate shifted by +1.0020 (+13.12%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 8.5131 | 8.1548 | 8.3104 |
| February | 8.6112 | 8.2560 | 8.4542 |
| March | 8.8046 | 8.5098 | 8.6422 |
| April | 8.7840 | 8.5340 | 8.6606 |
| May | 8.5291 | 8.1049 | 8.3392 |
| June | 8.3506 | 7.8834 | 8.1137 |
| July | 8.3937 | 8.0015 | 8.1643 |
| August | 8.2585 | 7.8899 | 8.1062 |
| September | 8.1826 | 7.6746 | 7.9357 |
| October | 7.8514 | 7.2164 | 7.4878 |
| November | 7.3463 | 7.0771 | 7.1975 |
| December | 7.6724 | 7.0538 | 7.3317 |