2011 ETB to RWF Historical Review

YEARLY HIGH

47.2031 RWF

YEARLY LOW

34.6249 RWF

YEARLY AVERAGE

38.1118 RWF

2011 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 21, valuing the pair at 47.2031. Conversely, the yearly low was recorded on October 18, dropping to 34.6249.

This high-to-low spread represents a total annual volatility of 12.5782 RWF. From a start-to-finish perspective, comparing the January average rate of 46.7133 to the December average rate of 34.7752, the exchange rate registered a net change of -25.56% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 47.2031 was down 11.69% compared to the 2010 peak of 53.4508, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 236,015 RWF

2010 Average 251,342 RWF

Yearly Trough Low 173,124 RWF

Transaction Impact: A difference of 62,891.06 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

48.0286

33.5704

JanuMarcMayJulySeptNove

ETB 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 41.3276, compared to 34.8959 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 6.4317 points.

H1 Avg (Jan–Jun) 41.3276

H2 Avg (Jul–Dec) 34.8959

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 11.3139 RWF (High: 46.5880 / Low: 35.2740). On the other end, December was the most stable month, with a tight range of 0.2300 RWF (High: 34.8936 / Low: 34.6636).

April Spread (Volatile) ±11.3139

December Spread (Stable) ±0.2300

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2011. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 9.6727 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -9.6727

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 46.7133) against the same month in 2010 (average: 53.0087), the exchange rate shifted by -6.2954 (-11.88%).

2011 Avg (January) 46.7133

2010 Avg (January) 53.0087

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	47.2031	46.2779	46.7133
February	47.1088	46.6195	46.8238
March	46.7977	46.5561	46.6763
April	46.5880	35.2740	37.0037
May	35.5350	35.2422	35.4302
June	35.5100	35.0922	35.3187
July	35.2421	34.9774	35.1284
August	35.0947	34.6535	34.9593
September	35.0430	34.6660	34.8342
October	34.9695	34.6249	34.8293
November	35.0303	34.7060	34.8492
December	34.8936	34.6636	34.7752