2016 AFN to RWF Historical Review

YEARLY HIGH

12.7161 RWF

YEARLY LOW

10.7705 RWF

YEARLY AVERAGE

11.5154 RWF

2016 AFN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the AFN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 12.7161. Conversely, the yearly low was recorded on June 26, dropping to 10.7705.

This high-to-low spread represents a total annual volatility of 1.9456 RWF. From a start-to-finish perspective, comparing the January average rate of 10.9190 to the December average rate of 12.4210, the exchange rate registered a net change of 13.76% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 12.7161 was up 2.73% compared to the 2015 peak of 12.3782, 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 63,581 RWF

2015 Average 58,259 RWF

Yearly Trough Low 53,853 RWF

Transaction Impact: A difference of 9,728.04 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

12.5712

10.7688

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 11.0305, compared to 12.0004 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9699 points.

H1 Avg (Jan–Jun) 11.0305

H2 Avg (Jul–Dec) 12.0004

Volatility Range Comparison

Volatility

The most volatile month in 2016 was August, with a trading range of 0.7371 RWF (High: 12.1691 / Low: 11.4320). On the other end, January was the most stable month, with a tight range of 0.1310 RWF (High: 10.9929 / Low: 10.8619).

August Spread (Volatile) ±0.7371

January Spread (Stable) ±0.1310

Growth Streaks & Declines

Trends

Between June and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 6 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0549 points.

Longest Streak 6 Mo.

Sharpest MoM Drop -0.0549

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 12.4210) against the same month in 2015 (average: 11.0515), the exchange rate shifted by +1.3695 (+12.39%).

2016 Avg (December) 12.4210

2015 Avg (December) 11.0515

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.9929	10.8619	10.9190
February	11.1530	10.8386	10.9500
March	11.3388	10.8936	11.0669
April	11.4036	10.9997	11.1263
May	11.2280	10.8408	11.0877
June	11.5031	10.7705	11.0328
July	11.4761	10.9723	11.2315
August	12.1691	11.4320	11.7875
September	12.1693	11.8230	12.0161
October	12.3824	12.0274	12.2393
November	12.4469	12.1092	12.3068
December	12.7161	12.2785	12.4210