2015 BIF to RWF Historical Review

YEARLY HIGH

0.4873 RWF

YEARLY LOW

0.4340 RWF

YEARLY AVERAGE

0.4548 RWF

2015 BIF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the BIF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 28, valuing the pair at 0.4873. Conversely, the yearly low was recorded on July 6, dropping to 0.4340.

This high-to-low spread represents a total annual volatility of 0.0533 RWF. From a start-to-finish perspective, comparing the January average rate of 0.4412 to the December average rate of 0.4799, the exchange rate registered a net change of 8.77% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.4873 was up 7.97% compared to the 2014 peak of 0.4513, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,437 RWF

2014 Average 2,206 RWF

Yearly Trough Low 2,170 RWF

Transaction Impact: A difference of 266.67 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.4838

0.4361

JanuMarcMayJulySeptNove

BIF 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 0.4431, compared to 0.4664 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0233 points.

H1 Avg (Jan–Jun) 0.4431

H2 Avg (Jul–Dec) 0.4664

Volatility Range Comparison

Volatility

The most volatile month in 2015 was July, with a trading range of 0.0315 RWF (High: 0.4654 / Low: 0.4340). On the other end, February was the most stable month, with a tight range of 0.0064 RWF (High: 0.4432 / Low: 0.4368).

July Spread (Volatile) ±0.0315

February Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between September and December, 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 June and July, when the average rate fell by 0.0027 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0027

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.4799) against the same month in 2014 (average: 0.4418), the exchange rate shifted by +0.0380 (+8.61%).

2015 Avg (December) 0.4799

2014 Avg (December) 0.4418

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.4455	0.4370	0.4412
February	0.4432	0.4368	0.4401
March	0.4541	0.4376	0.4429
April	0.4477	0.4373	0.4424
May	0.4439	0.4371	0.4408
June	0.4613	0.4402	0.4514
July	0.4654	0.4340	0.4487
August	0.4786	0.4528	0.4626
September	0.4748	0.4537	0.4605
October	0.4789	0.4595	0.4687
November	0.4812	0.4739	0.4782
December	0.4873	0.4711	0.4799