2011 MZN to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2011.
2011 MZN to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2011
During 2011, the MZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 5, valuing the pair at 22.8030. Conversely, the yearly low was recorded on January 11, dropping to 17.8393.
This high-to-low spread represents a total annual volatility of 4.9637 RWF. From a start-to-finish perspective, comparing the January average rate of 18.3155 to the December average rate of 22.4955, the exchange rate registered a net change of 22.82% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2011 high of 22.8030 was up 16.47% compared to the 2010 peak of 19.5784, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 MZN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2011.
MZN to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 19.3749, compared to 22.2303 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.8554 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2011 was May, with a trading range of 1.3636 RWF (High: 20.4652 / Low: 19.1016). On the other end, March was the most stable month, with a tight range of 0.2888 RWF (High: 19.4353 / Low: 19.1465).
Growth Streaks & Declines
TrendsBetween April and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0554 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2011: 22.4955) against the same month in 2010 (average: 17.4826), the exchange rate shifted by +5.0129 (+28.67%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 18.5072 | 17.8393 | 18.3155 |
| February | 19.1899 | 18.4625 | 18.9325 |
| March | 19.4353 | 19.1465 | 19.2701 |
| April | 19.5946 | 19.0832 | 19.2632 |
| May | 20.4652 | 19.1016 | 19.8522 |
| June | 21.3533 | 20.0829 | 20.6160 |
| July | 22.0529 | 21.0034 | 21.4320 |
| August | 22.5433 | 21.7911 | 22.2782 |
| September | 22.5733 | 21.8510 | 22.2228 |
| October | 22.5908 | 21.9749 | 22.4414 |
| November | 22.7983 | 22.0712 | 22.5117 |
| December | 22.8030 | 22.2539 | 22.4955 |