YEARLY HIGH
15.1049 RWF
YEARLY LOW
13.7885 RWF
YEARLY AVERAGE
14.4212 RWF

2018 MZN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the MZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 15.1049. Conversely, the yearly low was recorded on March 17, dropping to 13.7885.

This high-to-low spread represents a total annual volatility of 1.3164 RWF. From a start-to-finish perspective, comparing the January average rate of 14.4492 to the December average rate of 14.4734, the exchange rate registered a net change of 0.17% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 15.1049 was up 3.57% compared to the 2017 peak of 14.5838, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 75,524 RWF
2017 Average 65,565 RWF
Yearly Trough Low 68,942 RWF
Transaction Impact: A difference of 6,581.89 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

14.9590
13.7971
JanuMarcMayJulySeptNove

MZN 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 14.2495, compared to 14.5928 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3433 points.

H1 Avg (Jan–Jun) 14.2495
H2 Avg (Jul–Dec) 14.5928

Volatility Range Comparison

Volatility

The most volatile month in 2018 was July, with a trading range of 0.7814 RWF (High: 15.1029 / Low: 14.3215). On the other end, March was the most stable month, with a tight range of 0.2455 RWF (High: 14.0340 / Low: 13.7885).

July Spread (Volatile) ±0.7814
March Spread (Stable) ±0.2455

Growth Streaks & Declines

Trends

Between March and August, 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 January and February, when the average rate fell by 0.4414 points.

Longest Streak 5 Mo.
Sharpest MoM Drop -0.4414

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 14.8622) against the same month in 2017 (average: 13.6042), the exchange rate shifted by +1.2580 (+9.25%).

2018 Avg (August) 14.8622
2017 Avg (August) 13.6042

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 14.6803 14.2201 14.4492
February 14.1758 13.8379 14.0078
March 14.0340 13.7885 13.8939
April 14.4934 13.9868 14.2187
May 14.4972 14.1799 14.3891
June 14.6647 14.3818 14.5382
July 15.1029 14.3215 14.7329
August 15.1049 14.6608 14.8622
September 14.7018 14.2269 14.4891
October 14.6530 14.3034 14.4635
November 14.7124 14.4091 14.5359
December 14.7268 14.2045 14.4734