2018 RWF to STD Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 RWF to STD Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on June 21, valuing the pair at 24.5928. Conversely, the yearly low was recorded on February 19, dropping to 22.8603.
This high-to-low spread represents a total annual volatility of 1.7325 STD. From a start-to-finish perspective, comparing the January average rate of 23.6579 to the December average rate of 23.8436, the exchange rate registered a net change of 0.79% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2018 high of 24.5928 was down 13.39% compared to the 2017 peak of 28.3958, 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 STD 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 23.5550, compared to 24.0014 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.4464 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was January, with a trading range of 1.0084 STD (High: 24.0776 / Low: 23.0692). On the other end, March was the most stable month, with a tight range of 0.3321 STD (High: 23.3029 / Low: 22.9708).
Growth Streaks & Declines
TrendsBetween April and June, 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 January and February, when the average rate fell by 0.3977 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2018: 24.2493) against the same month in 2017 (average: 25.9624), the exchange rate shifted by -1.7131 (-6.60%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 24.0776 | 23.0692 | 23.6579 |
| February | 23.6948 | 22.8603 | 23.2601 |
| March | 23.3029 | 22.9708 | 23.1354 |
| April | 23.3067 | 22.9622 | 23.1094 |
| May | 24.4038 | 23.5283 | 23.9181 |
| June | 24.5928 | 23.8827 | 24.2493 |
| July | 24.4549 | 23.8882 | 24.1505 |
| August | 24.4774 | 23.8958 | 24.1246 |
| September | 24.3360 | 23.8454 | 24.0237 |
| October | 24.3674 | 23.8143 | 24.0727 |
| November | 24.0578 | 23.6230 | 23.7934 |
| December | 24.1683 | 23.5202 | 23.8436 |