2011 RWF to ARS Historical Review

YEARLY HIGH

0.0072 ARS

YEARLY LOW

0.0066 ARS

YEARLY AVERAGE

0.0069 ARS

2011 RWF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RWF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 0.0072. Conversely, the yearly low was recorded on January 21, dropping to 0.0066.

This high-to-low spread represents a total annual volatility of 0.0006 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0067 to the December average rate of 0.0071, the exchange rate registered a net change of 6.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.0072 was up 5.19% compared to the 2010 peak of 0.0068, 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 36 ARS

2010 Average 34 ARS

Yearly Trough Low 33 ARS

Transaction Impact: A difference of 2.78 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.0072

0.0066

JanuMarcMayJulySeptNove

RWF to ARS 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 0.0068, compared to 0.0070 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0003 points.

H1 Avg (Jan–Jun) 0.0068

H2 Avg (Jul–Dec) 0.0070

Volatility Range Comparison

Volatility

The most volatile month in 2011 was August, with a trading range of 0.0001 ARS (High: 0.0071 / Low: 0.0069). On the other end, March was the most stable month, with a tight range of 0.0000 ARS (High: 0.0068 / Low: 0.0067).

August Spread (Volatile) ±0.0001

March Spread (Stable) ±0.0000

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 0.0071) against the same month in 2010 (average: 0.0067), the exchange rate shifted by +0.0004 (+6.43%).

2011 Avg (December) 0.0071

2010 Avg (December) 0.0067

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0068	0.0066	0.0067
February	0.0068	0.0067	0.0067
March	0.0068	0.0067	0.0068
April	0.0068	0.0068	0.0068
May	0.0069	0.0068	0.0068
June	0.0069	0.0068	0.0069
July	0.0070	0.0068	0.0069
August	0.0071	0.0069	0.0070
September	0.0071	0.0070	0.0071
October	0.0071	0.0070	0.0071
November	0.0072	0.0071	0.0071
December	0.0072	0.0071	0.0071