2018 RWF to NGN Historical Review

YEARLY HIGH

0.4276 NGN

YEARLY LOW

0.4053 NGN

YEARLY AVERAGE

0.4160 NGN

2018 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 0.4276. Conversely, the yearly low was recorded on November 22, dropping to 0.4053.

This high-to-low spread represents a total annual volatility of 0.0222 NGN. From a start-to-finish perspective, comparing the January average rate of 0.4219 to the December average rate of 0.4123, the exchange rate registered a net change of -2.28% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.4276 was down 3.95% compared to the 2017 peak of 0.4451, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,138 NGN

2017 Average 1,989 NGN

Yearly Trough Low 2,027 NGN

Transaction Impact: A difference of 111.16 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.4236

0.4097

JanuMarcMayJulySeptNove

RWF to NGN 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 0.4187, compared to 0.4133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0054 points.

H1 Avg (Jan–Jun) 0.4187

H2 Avg (Jul–Dec) 0.4133

Volatility Range Comparison

Volatility

The most volatile month in 2018 was September, with a trading range of 0.0110 NGN (High: 0.4191 / Low: 0.4081). On the other end, March was the most stable month, with a tight range of 0.0050 NGN (High: 0.4211 / Low: 0.4162).

September Spread (Volatile) ±0.0110

March Spread (Stable) ±0.0050

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2018. Conversely, the sharpest month-over-month decline occurred between October and November, when the average rate fell by 0.0037 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0037

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2018: 0.4224) against the same month in 2017 (average: 0.3777), the exchange rate shifted by +0.0447 (+11.84%).

2018 Avg (February) 0.4224

2017 Avg (February) 0.3777

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4269	0.4179	0.4219
February	0.4276	0.4168	0.4224
March	0.4211	0.4162	0.4189
April	0.4208	0.4150	0.4171
May	0.4198	0.4135	0.4159
June	0.4194	0.4126	0.4159
July	0.4198	0.4109	0.4149
August	0.4192	0.4105	0.4138
September	0.4191	0.4081	0.4132
October	0.4190	0.4098	0.4145
November	0.4149	0.4053	0.4108
December	0.4179	0.4073	0.4123