2018 ZAR to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2018.
2018 ZAR to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2018
During 2018, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 24, valuing the pair at 74.8795. Conversely, the yearly low was recorded on September 5, dropping to 57.1335.
This high-to-low spread represents a total annual volatility of 17.7460 RWF. From a start-to-finish perspective, comparing the January average rate of 70.0372 to the December average rate of 61.8044, the exchange rate registered a net change of -11.75% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2018 high of 74.8795 was up 7.01% compared to the 2017 peak of 69.9770, indicating shifts in long-term support levels.
Comparing the value generated converting 50,000 ZAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2018.
ZAR 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 70.0771, compared to 61.9156 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 8.1615 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2018 was June, with a trading range of 6.5846 RWF (High: 69.1918 / Low: 62.6072). On the other end, March was the most stable month, with a tight range of 2.6020 RWF (High: 74.0008 / Low: 71.3988).
Growth Streaks & Declines
TrendsBetween 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 May and June, when the average rate fell by 3.9106 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (February 2018: 72.2279) against the same month in 2017 (average: 63.3621), the exchange rate shifted by +8.8658 (+13.99%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 72.1737 | 68.7174 | 70.0372 |
| February | 74.8795 | 69.5489 | 72.2279 |
| March | 74.0008 | 71.3988 | 72.5896 |
| April | 73.1060 | 69.5047 | 71.2984 |
| May | 70.7337 | 68.0105 | 69.1100 |
| June | 69.1918 | 62.6072 | 65.1994 |
| July | 66.9120 | 62.7644 | 64.9393 |
| August | 65.9696 | 59.4462 | 62.1559 |
| September | 62.1978 | 57.1335 | 59.5051 |
| October | 62.0660 | 58.7088 | 60.2766 |
| November | 64.7705 | 61.1641 | 62.8124 |
| December | 65.1743 | 59.8439 | 61.8044 |