2011 AFN to RWF Historical Review

YEARLY HIGH

13.9790 RWF

YEARLY LOW

12.2708 RWF

YEARLY AVERAGE

13.5128 RWF

2011 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 30, valuing the pair at 13.9790. Conversely, the yearly low was recorded on October 18, dropping to 12.2708.

This high-to-low spread represents a total annual volatility of 1.7081 RWF. From a start-to-finish perspective, comparing the January average rate of 13.8178 to the December average rate of 12.9229, the exchange rate registered a net change of -6.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 13.9790 was up 0.69% compared to the 2010 peak of 13.8832, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 69,895 RWF

2010 Average 64,448 RWF

Yearly Trough Low 61,354 RWF

Transaction Impact: A difference of 8,540.73 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

14.0354

12.1878

JanuMarcMayJulySeptNove

AFN 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 13.8628, compared to 13.1629 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.6999 points.

H1 Avg (Jan–Jun) 13.8628

H2 Avg (Jul–Dec) 13.1629

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 1.6038 RWF (High: 13.8979 / Low: 12.2941). On the other end, July was the most stable month, with a tight range of 0.0867 RWF (High: 13.9119 / Low: 13.8252).

September Spread (Volatile) ±1.6038

July Spread (Stable) ±0.0867

Growth Streaks & Declines

Trends

Between October and December, 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 September and October, when the average rate fell by 1.2014 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.2014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2011: 13.8723) against the same month in 2010 (average: 12.7326), the exchange rate shifted by +1.1397 (+8.95%).

2011 Avg (June) 13.8723

2010 Avg (June) 12.7326

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	13.9657	13.6725	13.8178
February	13.9525	13.8252	13.8814
March	13.9074	13.7989	13.8664
April	13.9100	13.7854	13.8743
May	13.9108	13.7919	13.8645
June	13.9790	13.7618	13.8723
July	13.9119	13.8252	13.8714
August	13.9626	13.7512	13.8618
September	13.8979	12.2941	13.5431
October	12.3840	12.2708	12.3418
November	13.1621	12.3351	12.4364
December	13.1691	12.3933	12.9229