2015 CDF to RWF Historical Review

YEARLY HIGH

0.8130 RWF

YEARLY LOW

0.7391 RWF

YEARLY AVERAGE

0.7689 RWF

2015 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 14, valuing the pair at 0.8130. Conversely, the yearly low was recorded on January 18, dropping to 0.7391.

This high-to-low spread represents a total annual volatility of 0.0738 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7466 to the December average rate of 0.8051, the exchange rate registered a net change of 7.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.8130 was up 8.31% compared to the 2014 peak of 0.7505, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,065 RWF

2014 Average 3,708 RWF

Yearly Trough Low 3,696 RWF

Transaction Impact: A difference of 369.07 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.8111

0.7395

JanuMarcMayJulySeptNove

CDF 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 0.7503, compared to 0.7876 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0373 points.

H1 Avg (Jan–Jun) 0.7503

H2 Avg (Jul–Dec) 0.7876

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 0.0407 RWF (High: 0.7867 / Low: 0.7461). On the other end, November was the most stable month, with a tight range of 0.0069 RWF (High: 0.8065 / Low: 0.7996).

June Spread (Volatile) ±0.0407

November Spread (Stable) ±0.0069

Growth Streaks & Declines

Trends

Between April and July, 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 August and September, when the average rate fell by 0.0043 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0043

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.8051) against the same month in 2014 (average: 0.7466), the exchange rate shifted by +0.0585 (+7.84%).

2015 Avg (December) 0.8051

2014 Avg (December) 0.7466

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7595	0.7391	0.7466
February	0.7508	0.7425	0.7454
March	0.7687	0.7399	0.7507
April	0.7540	0.7421	0.7475
May	0.7537	0.7442	0.7476
June	0.7867	0.7461	0.7638
July	0.7867	0.7571	0.7798
August	0.8036	0.7653	0.7769
September	0.7888	0.7671	0.7727
October	0.8052	0.7686	0.7876
November	0.8065	0.7996	0.8033
December	0.8130	0.7964	0.8051