2015 HNL to RWF Historical Review

YEARLY HIGH

34.3847 RWF

YEARLY LOW

31.3884 RWF

YEARLY AVERAGE

32.8284 RWF

2015 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 25, valuing the pair at 34.3847. Conversely, the yearly low was recorded on May 12, dropping to 31.3884.

This high-to-low spread represents a total annual volatility of 2.9963 RWF. From a start-to-finish perspective, comparing the January average rate of 32.8245 to the December average rate of 34.0985, the exchange rate registered a net change of 3.88% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 34.3847 was down 3.88% compared to the 2014 peak of 35.7735, 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 171,923 RWF

2014 Average 167,957 RWF

Yearly Trough Low 156,942 RWF

Transaction Impact: A difference of 14,981.45 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

34.3571

31.2542

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 32.3334, compared to 33.3235 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9900 points.

H1 Avg (Jan–Jun) 32.3334

H2 Avg (Jul–Dec) 33.3235

Volatility Range Comparison

Volatility

The most volatile month in 2015 was June, with a trading range of 2.1167 RWF (High: 33.6088 / Low: 31.4921). On the other end, November was the most stable month, with a tight range of 0.2161 RWF (High: 34.0263 / Low: 33.8102).

June Spread (Volatile) ±2.1167

November Spread (Stable) ±0.2161

Growth Streaks & Declines

Trends

Between September and December, 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 April and May, when the average rate fell by 0.6409 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.6409

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 34.0985) against the same month in 2014 (average: 32.7831), the exchange rate shifted by +1.3155 (+4.01%).

2015 Avg (December) 34.0985

2014 Avg (December) 32.7831

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.0576	32.5829	32.8245
February	32.9551	32.4721	32.6485
March	33.7081	31.8563	32.4864
April	32.4759	31.5201	32.1537
May	31.7191	31.3884	31.5127
June	33.6088	31.4921	32.3747
July	33.4143	32.1785	33.0825
August	34.0085	32.3699	32.8286
September	33.4048	32.4924	32.7677
October	33.9046	32.6488	33.2593
November	34.0263	33.8102	33.9041
December	34.3847	33.5161	34.0985