2018 NIO to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 NIO to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the NIO to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 27.8948. Conversely, the yearly low was recorded on September 21, dropping to 26.8009.
This high-to-low spread represents a total annual volatility of 1.0939 RWF. From a start-to-finish perspective, comparing the January average rate of 27.5710 to the December average rate of 27.2189, the exchange rate registered a net change of -1.28% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 27.8948 was down 2.50% compared to the 2017 peak of 28.6107, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NIO based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
NIO 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 27.5430, compared to 27.3318 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.2112 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was December, with a trading range of 0.7929 RWF (High: 27.6405 / Low: 26.8476). On the other end, November was the most stable month, with a tight range of 0.3954 RWF (High: 27.5272 / Low: 27.1318).
Growth Streaks & Declines
TrendsBetween February and April, 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 0.1854 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2018: 27.5710) against the same month in 2017 (average: 28.1937), the exchange rate shifted by -0.6226 (-2.21%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 27.8948 | 27.1946 | 27.5710 |
| February | 27.7982 | 27.0589 | 27.3966 |
| March | 27.8093 | 27.3338 | 27.5921 |
| April | 27.8194 | 27.3600 | 27.6516 |
| May | 27.7954 | 27.3233 | 27.6161 |
| June | 27.7185 | 27.1293 | 27.4306 |
| July | 27.6199 | 27.1507 | 27.4054 |
| August | 27.5789 | 26.8918 | 27.3701 |
| September | 27.5813 | 26.8009 | 27.3490 |
| October | 27.5917 | 26.9410 | 27.2468 |
| November | 27.5272 | 27.1318 | 27.4004 |
| December | 27.6405 | 26.8476 | 27.2189 |