2011 RWF to AFN Historical Review

YEARLY HIGH

0.0815 AFN

YEARLY LOW

0.0715 AFN

YEARLY AVERAGE

0.0742 AFN

2011 RWF to AFN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RWF to AFN exchange rate experienced significant fluctuation. The market reached its absolute peak on October 18, valuing the pair at 0.0815. Conversely, the yearly low was recorded on June 30, dropping to 0.0715.

This high-to-low spread represents a total annual volatility of 0.0100 AFN. From a start-to-finish perspective, comparing the January average rate of 0.0724 to the December average rate of 0.0774, the exchange rate registered a net change of 6.99% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0815 was down 4.83% compared to the 2010 peak of 0.0856, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 RWF based on timing:

Yearly Peak High 407 AFN

2010 Average 389 AFN

Yearly Trough Low 358 AFN

Transaction Impact: A difference of 49.79 AFN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0819

0.0711

JanuMarcMayJulySeptNove

RWF to AFN 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 0.0721, compared to 0.0762 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0040 points.

H1 Avg (Jan–Jun) 0.0721

H2 Avg (Jul–Dec) 0.0762

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.0094 AFN (High: 0.0813 / Low: 0.0720). On the other end, July was the most stable month, with a tight range of 0.0005 AFN (High: 0.0723 / Low: 0.0719).

September Spread (Volatile) ±0.0094

July Spread (Stable) ±0.0005

Growth Streaks & Declines

Trends

Between June and October, 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 November and December, when the average rate fell by 0.0030 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0030

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2011: 0.0810) against the same month in 2010 (average: 0.0739), the exchange rate shifted by +0.0071 (+9.66%).

2011 Avg (October) 0.0810

2010 Avg (October) 0.0739

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0731	0.0716	0.0724
February	0.0723	0.0717	0.0720
March	0.0725	0.0719	0.0721
April	0.0725	0.0719	0.0721
May	0.0725	0.0719	0.0721
June	0.0727	0.0715	0.0721
July	0.0723	0.0719	0.0721
August	0.0727	0.0716	0.0721
September	0.0813	0.0720	0.0740
October	0.0815	0.0807	0.0810
November	0.0811	0.0760	0.0804
December	0.0807	0.0759	0.0774