YEARLY HIGH
74.8795 RWF
YEARLY LOW
57.1335 RWF
YEARLY AVERAGE
65.9963 RWF

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.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 3,743,976 RWF
2017 Average 3,154,325 RWF
Yearly Trough Low 2,856,674 RWF
Transaction Impact: A difference of 887,302.07 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

73.8981
58.1967
JanuMarcMayJulySeptNove

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)

Seasonal

The 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.

H1 Avg (Jan–Jun) 70.0771
H2 Avg (Jul–Dec) 61.9156

Volatility Range Comparison

Volatility

The 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).

June Spread (Volatile) ±6.5846
March Spread (Stable) ±2.6020

Growth Streaks & Declines

Trends

Between 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.

Longest Streak 2 Mo.
Sharpest MoM Drop -3.9106

Same-Month Historical Baseline

YoY Baseline

Comparing 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%).

2018 Avg (February) 72.2279
2017 Avg (February) 63.3621

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