2018 SGD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 SGD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the SGD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on April 12, valuing the pair at 660.6021. Conversely, the yearly low was recorded on August 11, dropping to 626.3164.
This high-to-low spread represents a total annual volatility of 34.2857 RWF. From a start-to-finish perspective, comparing the January average rate of 645.8518 to the December average rate of 643.9801, the exchange rate registered a net change of -0.29% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 660.6021 was up 2.97% compared to the 2017 peak of 641.5774, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SGD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
SGD 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 648.4945, compared to 639.4844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 9.0101 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 24.1456 RWF (High: 655.1428 / Low: 630.9972). On the other end, April was the most stable month, with a tight range of 9.1549 RWF (High: 660.6021 / Low: 651.4472).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 8.8940 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (April 2018: 655.5896) against the same month in 2017 (average: 598.0450), the exchange rate shifted by +57.5446 (+9.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 653.4995 | 637.7686 | 645.8518 |
| February | 657.8279 | 635.2097 | 646.6270 |
| March | 658.4906 | 648.6323 | 653.6714 |
| April | 660.6021 | 651.4472 | 655.5896 |
| May | 650.3562 | 640.4881 | 646.6956 |
| June | 655.1428 | 630.9972 | 642.5317 |
| July | 646.2226 | 630.1299 | 637.8133 |
| August | 645.8993 | 626.3164 | 637.4135 |
| September | 646.1966 | 630.3224 | 639.0130 |
| October | 640.3062 | 627.3499 | 635.2599 |
| November | 649.7300 | 636.7804 | 643.4269 |
| December | 653.8774 | 633.8524 | 643.9801 |