2018 JOD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 JOD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 2, valuing the pair at 1261.4446. Conversely, the yearly low was recorded on February 5, dropping to 1189.2155.
This high-to-low spread represents a total annual volatility of 72.2291 RWF. From a start-to-finish perspective, comparing the January average rate of 1202.9660 to the December average rate of 1244.0054, the exchange rate registered a net change of 3.41% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 1261.4446 was up 3.74% compared to the 2017 peak of 1215.9997, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 JOD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
JOD 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 1212.5625, compared to 1235.9243 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 23.3618 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 33.9977 RWF (High: 1261.4446 / Low: 1227.4469). On the other end, March was the most stable month, with a tight range of 14.5112 RWF (High: 1220.4402 / Low: 1205.9289).
Growth Streaks & Declines
TrendsBetween June and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.9735 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2018: 1244.0054) against the same month in 2017 (average: 1209.0478), the exchange rate shifted by +34.9576 (+2.89%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1216.2540 | 1191.5261 | 1202.9660 |
| February | 1219.5342 | 1189.2155 | 1203.0203 |
| March | 1220.4402 | 1205.9289 | 1212.1929 |
| April | 1221.7355 | 1205.0689 | 1216.0255 |
| May | 1226.6849 | 1211.9384 | 1220.6991 |
| June | 1231.0148 | 1210.4033 | 1220.4709 |
| July | 1236.9293 | 1212.1110 | 1224.9793 |
| August | 1241.6193 | 1212.1161 | 1229.6776 |
| September | 1244.2460 | 1217.4405 | 1234.6134 |
| October | 1248.5465 | 1222.6869 | 1235.2910 |
| November | 1255.7721 | 1233.2524 | 1246.9789 |
| December | 1261.4446 | 1227.4469 | 1244.0054 |