2018 MGA to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 MGA to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the MGA to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 8, valuing the pair at 0.2799. Conversely, the yearly low was recorded on November 28, dropping to 0.2417.
This high-to-low spread represents a total annual volatility of 0.0382 RWF. From a start-to-finish perspective, comparing the January average rate of 0.2632 to the December average rate of 0.2487, the exchange rate registered a net change of -5.54% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 0.2799 was down 3.43% compared to the 2017 peak of 0.2898, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MGA based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
MGA 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 0.2662, compared to 0.2544 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0118 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was March, with a trading range of 0.0136 RWF (High: 0.2799 / Low: 0.2663). On the other end, April was the most stable month, with a tight range of 0.0046 RWF (High: 0.2701 / Low: 0.2655).
Growth Streaks & Declines
TrendsBetween January and March, 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 0.0081 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2018: 0.2729) against the same month in 2017 (average: 0.2619), the exchange rate shifted by +0.0110 (+4.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 0.2665 | 0.2602 | 0.2632 |
| February | 0.2759 | 0.2625 | 0.2694 |
| March | 0.2799 | 0.2663 | 0.2729 |
| April | 0.2701 | 0.2655 | 0.2683 |
| May | 0.2685 | 0.2603 | 0.2658 |
| June | 0.2605 | 0.2541 | 0.2577 |
| July | 0.2673 | 0.2562 | 0.2600 |
| August | 0.2655 | 0.2609 | 0.2638 |
| September | 0.2640 | 0.2521 | 0.2576 |
| October | 0.2556 | 0.2478 | 0.2503 |
| November | 0.2509 | 0.2417 | 0.2459 |
| December | 0.2539 | 0.2419 | 0.2487 |