2016 HNL to RWF Historical Review

YEARLY HIGH

36.0541 RWF

YEARLY LOW

32.6889 RWF

YEARLY AVERAGE

34.2558 RWF

2016 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on November 1, valuing the pair at 36.0541. Conversely, the yearly low was recorded on June 26, dropping to 32.6889.

This high-to-low spread represents a total annual volatility of 3.3652 RWF. From a start-to-finish perspective, comparing the January average rate of 33.3876 to the December average rate of 35.3811, the exchange rate registered a net change of 5.97% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 36.0541 was up 4.86% compared to the 2015 peak of 34.3847, 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 180,271 RWF

2015 Average 164,151 RWF

Yearly Trough Low 163,445 RWF

Transaction Impact: A difference of 16,826.21 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

35.6450

33.1824

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 33.5579, compared to 34.9538 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3960 points.

H1 Avg (Jan–Jun) 33.5579

H2 Avg (Jul–Dec) 34.9538

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 2.1112 RWF (High: 34.8001 / Low: 32.6889). On the other end, January was the most stable month, with a tight range of 0.4286 RWF (High: 33.5736 / Low: 33.1449).

June Spread (Volatile) ±2.1112

January Spread (Stable) ±0.4286

Growth Streaks & Declines

Trends

Between June and November, 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 May and June, when the average rate fell by 0.0950 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0950

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2016: 35.4398) against the same month in 2015 (average: 33.9041), the exchange rate shifted by +1.5357 (+4.53%).

2016 Avg (November) 35.4398

2015 Avg (November) 33.9041

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	33.5736	33.1449	33.3876
February	33.8738	33.0827	33.4063
March	34.3185	32.9877	33.5266
April	34.5435	33.3170	33.7408
May	34.1336	32.9764	33.6904
June	34.8001	32.6889	33.5954
July	34.5008	33.0723	33.8718
August	35.4480	34.2757	34.6978
September	35.3320	34.7534	35.0636
October	35.9390	34.7431	35.2689
November	36.0541	34.7342	35.4398
December	35.8214	34.9726	35.3811