2011 HNL to RWF Historical Review

YEARLY HIGH

31.7997 RWF

YEARLY LOW

31.0899 RWF

YEARLY AVERAGE

31.5611 RWF

2011 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 11, valuing the pair at 31.7997. Conversely, the yearly low was recorded on January 2, dropping to 31.0899.

This high-to-low spread represents a total annual volatility of 0.7098 RWF. From a start-to-finish perspective, comparing the January average rate of 31.4221 to the December average rate of 31.6451, the exchange rate registered a net change of 0.71% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 31.7997 was up 0.86% compared to the 2010 peak of 31.5293, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 158,998 RWF

2010 Average 153,814 RWF

Yearly Trough Low 155,450 RWF

Transaction Impact: A difference of 3,548.78 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

31.7116

31.3958

JanuMarcMayJulySeptNove

HNL 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 31.5338, compared to 31.5884 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0546 points.

H1 Avg (Jan–Jun) 31.5338

H2 Avg (Jul–Dec) 31.5884

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 0.6740 RWF (High: 31.7639 / Low: 31.0899). On the other end, March was the most stable month, with a tight range of 0.1680 RWF (High: 31.6156 / Low: 31.4476).

January Spread (Volatile) ±0.6740

March Spread (Stable) ±0.1680

Growth Streaks & Declines

Trends

Between May and August, 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 0.1379 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1379

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2011: 31.6853) against the same month in 2010 (average: 31.0877), the exchange rate shifted by +0.5977 (+1.92%).

2011 Avg (August) 31.6853

2010 Avg (August) 31.0877

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.7639	31.0899	31.4221
February	31.7287	31.4391	31.5717
March	31.6156	31.4476	31.5537
April	31.6220	31.3685	31.5585
May	31.6280	31.3706	31.5315
June	31.7689	31.3689	31.5655
July	31.7212	31.4375	31.5679
August	31.7997	31.3905	31.6853
September	31.7832	31.4173	31.5475
October	31.5843	31.3278	31.4881
November	31.7122	31.4074	31.5965
December	31.7486	31.5427	31.6451