2012 HNL to RWF Historical Review

YEARLY HIGH

32.0800 RWF

YEARLY LOW

31.2009 RWF

YEARLY AVERAGE

31.5631 RWF

2012 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2012

During 2012, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 20, valuing the pair at 32.0800. Conversely, the yearly low was recorded on December 31, dropping to 31.2009.

This high-to-low spread represents a total annual volatility of 0.8791 RWF. From a start-to-finish perspective, comparing the January average rate of 31.5396 to the December average rate of 31.3881, the exchange rate registered a net change of -0.48% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2012 high of 32.0800 was up 0.88% compared to the 2011 peak of 31.7997, 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 160,400 RWF

2011 Average 157,805 RWF

Yearly Trough Low 156,005 RWF

Transaction Impact: A difference of 4,395.47 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2012.

31.9894

31.2356

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 31.6287, compared to 31.4975 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.1312 points.

H1 Avg (Jan–Jun) 31.6287

H2 Avg (Jul–Dec) 31.4975

Volatility Range Comparison

Volatility

The most volatile month in 2012 was August, with a trading range of 0.7468 RWF (High: 31.9952 / Low: 31.2484). On the other end, January was the most stable month, with a tight range of 0.1727 RWF (High: 31.6211 / Low: 31.4484).

August Spread (Volatile) ±0.7468

January Spread (Stable) ±0.1727

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.4970 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.4970

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2012: 31.9266) against the same month in 2011 (average: 31.5679), the exchange rate shifted by +0.3587 (+1.14%).

2012 Avg (July) 31.9266

2011 Avg (July) 31.5679

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	31.6211	31.4484	31.5396
February	31.6954	31.4628	31.5261
March	31.7605	31.5138	31.6350
April	31.8376	31.5293	31.6639
May	31.9195	31.4497	31.6660
June	31.9717	31.6518	31.7420
July	32.0800	31.4725	31.9266
August	31.9952	31.2484	31.4296
September	31.6572	31.2024	31.2984
October	31.7415	31.2999	31.5280
November	31.5291	31.3410	31.4143
December	31.5656	31.2009	31.3881