YEARLY HIGH
1261.4446 RWF
YEARLY LOW
1189.2155 RWF
YEARLY AVERAGE
1224.2434 RWF

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.

Transfer Payout Power Comparison

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

Yearly Peak High 6,307,223 RWF
2017 Average 5,913,101 RWF
Yearly Trough Low 5,946,078 RWF
Transaction Impact: A difference of 361,145.42 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

1251.3802
1198.5647
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 1212.5625
H2 Avg (Jul–Dec) 1235.9243

Volatility Range Comparison

Volatility

The 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).

December Spread (Volatile) ±33.9977
March Spread (Stable) ±14.5112

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 5 Mo.
Sharpest MoM Drop -2.9735

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (December) 1244.0054
2017 Avg (December) 1209.0478

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