YEARLY HIGH
112.2493 RWF
YEARLY LOW
99.9749 RWF
YEARLY AVERAGE
106.8013 RWF

2018 NOK to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the NOK to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 26, valuing the pair at 112.2493. Conversely, the yearly low was recorded on December 22, dropping to 99.9749.

This high-to-low spread represents a total annual volatility of 12.2744 RWF. From a start-to-finish perspective, comparing the January average rate of 107.9778 to the December average rate of 102.2672, the exchange rate registered a net change of -5.29% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 112.2493 was up 3.15% compared to the 2017 peak of 108.8230, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 561,247 RWF
2017 Average 507,696 RWF
Yearly Trough Low 499,874 RWF
Transaction Impact: A difference of 61,372.15 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

111.5121
101.4267
JanuMarcMayJulySeptNove

NOK 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 108.5360, compared to 105.0666 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.4693 points.

H1 Avg (Jan–Jun) 108.5360
H2 Avg (Jul–Dec) 105.0666

Volatility Range Comparison

Volatility

The most volatile month in 2018 was January, with a trading range of 6.4339 RWF (High: 111.0635 / Low: 104.6296). On the other end, March was the most stable month, with a tight range of 3.1130 RWF (High: 112.2493 / Low: 109.1363).

January Spread (Volatile) ±6.4339
March Spread (Stable) ±3.1130

Growth Streaks & Declines

Trends

Between 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 April and May, when the average rate fell by 3.0096 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.0096

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2018: 110.6717) against the same month in 2017 (average: 98.0812), the exchange rate shifted by +12.5904 (+12.84%).

2018 Avg (March) 110.6717
2017 Avg (March) 98.0812

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 111.0635 104.6296 107.9778
February 111.0726 106.1145 108.9336
March 112.2493 109.1363 110.6717
April 111.5270 107.9690 109.9727
May 108.4707 104.4588 106.9630
June 108.3566 105.0844 106.6969
July 108.4313 105.2934 106.8901
August 106.7226 102.4442 104.5906
September 108.4684 103.9456 106.1400
October 108.0663 104.1758 106.1208
November 106.2743 102.7614 104.3912
December 104.8905 99.9749 102.2672