YEARLY HIGH
7.0674 RWF
YEARLY LOW
6.3541 RWF
YEARLY AVERAGE
6.7456 RWF

2018 JMD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the JMD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 20, valuing the pair at 7.0674. Conversely, the yearly low was recorded on September 15, dropping to 6.3541.

This high-to-low spread represents a total annual volatility of 0.7133 RWF. From a start-to-finish perspective, comparing the January average rate of 6.8731 to the December average rate of 6.9061, the exchange rate registered a net change of 0.48% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 7.0674 was up 2.47% compared to the 2017 peak of 6.8970, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 35,337 RWF
2017 Average 32,690 RWF
Yearly Trough Low 31,771 RWF
Transaction Impact: A difference of 3,566.43 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

7.0485
6.3756
JanuMarcMayJulySeptNove

JMD 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 6.8185, compared to 6.6727 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1459 points.

H1 Avg (Jan–Jun) 6.8185
H2 Avg (Jul–Dec) 6.6727

Volatility Range Comparison

Volatility

The most volatile month in 2018 was October, with a trading range of 0.4316 RWF (High: 6.8785 / Low: 6.4469). On the other end, February was the most stable month, with a tight range of 0.1271 RWF (High: 6.8638 / Low: 6.7368).

October Spread (Volatile) ±0.4316
February Spread (Stable) ±0.1271

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.2168 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.2168

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2018: 6.9925) against the same month in 2017 (average: 6.7575), the exchange rate shifted by +0.2350 (+3.48%).

2018 Avg (November) 6.9925
2017 Avg (November) 6.7575

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9395 6.7930 6.8731
February 6.8638 6.7368 6.7892
March 6.8491 6.6780 6.7583
April 6.9675 6.7793 6.9139
May 6.9655 6.8157 6.8966
June 6.8756 6.5372 6.6798
July 6.7473 6.5121 6.6371
August 6.5314 6.3727 6.4356
September 6.5246 6.3541 6.4317
October 6.8785 6.4469 6.6330
November 7.0674 6.8263 6.9925
December 7.0310 6.8093 6.9061