2012 ERN to RWF Historical Review

YEARLY HIGH

628.0548 RWF

YEARLY LOW

599.4624 RWF

YEARLY AVERAGE

609.6045 RWF

2012 ERN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the ERN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 26, valuing the pair at 628.0548. Conversely, the yearly low was recorded on January 3, dropping to 599.4624.

This high-to-low spread represents a total annual volatility of 28.5924 RWF. From a start-to-finish perspective, comparing the January average rate of 600.6352 to the December average rate of 622.7819, the exchange rate registered a net change of 3.69% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2012 high of 628.0548 was up 4.49% compared to the 2011 peak of 601.0676, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,140,274 RWF

2011 Average 2,984,206 RWF

Yearly Trough Low 2,997,312 RWF

Transaction Impact: A difference of 142,961.87 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

624.9965

598.4206

JanuMarcMayJulySeptNove

ERN 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 602.7498, compared to 616.4592 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 13.7094 points.

H1 Avg (Jan–Jun) 602.7498

H2 Avg (Jul–Dec) 616.4592

Volatility Range Comparison

Volatility

The most volatile month in 2012 was September, with a trading range of 13.4419 RWF (High: 623.1957 / Low: 609.7537). On the other end, January was the most stable month, with a tight range of 2.0708 RWF (High: 601.5332 / Low: 599.4624).

September Spread (Volatile) ±13.4419

January Spread (Stable) ±2.0708

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2012: 622.7819) against the same month in 2011 (average: 599.8526), the exchange rate shifted by +22.9293 (+3.82%).

2012 Avg (December) 622.7819

2011 Avg (December) 599.8526

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	601.5332	599.4624	600.6352
February	603.9492	599.6828	600.9214
March	605.5748	600.5824	603.1082
April	606.7458	600.7017	603.4000
May	608.0497	599.9360	603.5818
June	609.0498	601.6767	604.8523
July	612.8918	602.9130	608.8634
August	614.1342	608.8099	611.5048
September	623.1957	609.7537	613.5771
October	626.1086	616.8621	620.7374
November	622.8321	619.1454	621.2906
December	628.0548	620.1515	622.7819