2018 RWF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RWF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RWF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 50.9823. Conversely, the yearly low was recorded on January 3, dropping to 41.4611.
This high-to-low spread represents a total annual volatility of 9.5212 IRR. From a start-to-finish perspective, comparing the January average rate of 42.2272 to the December average rate of 47.8619, the exchange rate registered a net change of 13.34% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 50.9823 was up 22.09% compared to the 2017 peak of 41.7590, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
RWF to IRR 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 44.7514, compared to 48.8533 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 4.1019 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was May, with a trading range of 5.8074 IRR (High: 48.9478 / Low: 43.1404). On the other end, April was the most stable month, with a tight range of 0.8122 IRR (High: 44.0193 / Low: 43.2072).
Growth Streaks & Declines
TrendsBetween April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.7493 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (August 2018: 49.6541) against the same month in 2017 (average: 39.5203), the exchange rate shifted by +10.1338 (+25.64%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 43.5494 | 41.4611 | 42.2272 |
| February | 43.8302 | 42.9276 | 43.4287 |
| March | 43.9451 | 43.1111 | 43.6169 |
| April | 44.0193 | 43.2072 | 43.4783 |
| May | 48.9478 | 43.1404 | 46.8562 |
| June | 49.5502 | 48.2893 | 48.9009 |
| July | 50.5365 | 48.9018 | 49.7936 |
| August | 50.9823 | 48.9992 | 49.6541 |
| September | 49.9020 | 48.8959 | 49.2635 |
| October | 49.1424 | 47.9715 | 48.5142 |
| November | 48.5634 | 47.6913 | 48.0323 |
| December | 48.7919 | 47.1266 | 47.8619 |