2016 NGN to RWF Historical Review

YEARLY HIGH

3.9319 RWF

YEARLY LOW

2.2671 RWF

YEARLY AVERAGE

3.1634 RWF

2016 NGN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the NGN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on June 20, valuing the pair at 3.9319. Conversely, the yearly low was recorded on August 22, dropping to 2.2671.

This high-to-low spread represents a total annual volatility of 1.6649 RWF. From a start-to-finish perspective, comparing the January average rate of 3.7619 to the December average rate of 2.6214, the exchange rate registered a net change of -30.32% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 3.9319 was up 2.33% compared to the 2015 peak of 3.8425, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 1,000,000 NGN based on timing:

Yearly Peak High 3,931,935 RWF

2015 Average 3,600,803 RWF

Yearly Trough Low 2,267,079 RWF

Transaction Impact: A difference of 1,664,856.31 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

3.9624

2.3257

JanuMarcMayJulySeptNove

NGN 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 3.7500, compared to 2.5769 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.1731 points.

H1 Avg (Jan–Jun) 3.7500

H2 Avg (Jul–Dec) 2.5769

Volatility Range Comparison

Volatility

The most volatile month in 2016 was June, with a trading range of 1.2930 RWF (High: 3.9319 / Low: 2.6389). On the other end, January was the most stable month, with a tight range of 0.0445 RWF (High: 3.7900 / Low: 3.7455).

June Spread (Volatile) ±1.2930

January Spread (Stable) ±0.0445

Growth Streaks & Declines

Trends

Between August and December, 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 June and July, when the average rate fell by 0.8496 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.8496

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (June 2016: 3.4902) against the same month in 2015 (average: 3.5524), the exchange rate shifted by -0.0623 (-1.75%).

2016 Avg (June) 3.4902

2015 Avg (June) 3.5524

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	3.7900	3.7455	3.7619
February	3.8467	3.7495	3.7898
March	3.9073	3.7565	3.8092
April	3.9131	3.7773	3.8260
May	3.8693	3.7496	3.8227
June	3.9319	2.6389	3.4902
July	2.7602	2.4445	2.6406
August	2.5930	2.2671	2.4621
September	2.5836	2.5252	2.5596
October	2.6019	2.5294	2.5759
November	2.6317	2.5430	2.6018
December	2.7349	2.5868	2.6214