2015 RWF to ARS Historical Review

YEARLY HIGH

0.0178 ARS

YEARLY LOW

0.0123 ARS

YEARLY AVERAGE

0.0130 ARS

2015 RWF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2015

During 2015, the RWF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on December 17, valuing the pair at 0.0178. Conversely, the yearly low was recorded on March 12, dropping to 0.0123.

This high-to-low spread represents a total annual volatility of 0.0055 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0124 to the December average rate of 0.0152, the exchange rate registered a net change of 22.16% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2015 high of 0.0178 was up 43.17% compared to the 2014 peak of 0.0124, 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 89 ARS

2014 Average 59 ARS

Yearly Trough Low 61 ARS

Transaction Impact: A difference of 27.57 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2015.

0.0155

0.0122

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 0.0127, compared to 0.0133 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0006 points.

H1 Avg (Jan–Jun) 0.0127

H2 Avg (Jul–Dec) 0.0133

Volatility Range Comparison

Volatility

The most volatile month in 2015 was December, with a trading range of 0.0048 ARS (High: 0.0178 / Low: 0.0130). On the other end, February was the most stable month, with a tight range of 0.0002 ARS (High: 0.0127 / Low: 0.0125).

December Spread (Volatile) ±0.0048

February Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between January and May, 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 0.0002 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0002

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2015: 0.0152) against the same month in 2014 (average: 0.0124), the exchange rate shifted by +0.0028 (+22.92%).

2015 Avg (December) 0.0152

2014 Avg (December) 0.0124

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0126	0.0123	0.0124
February	0.0127	0.0125	0.0126
March	0.0128	0.0123	0.0126
April	0.0129	0.0127	0.0128
May	0.0131	0.0128	0.0130
June	0.0131	0.0125	0.0128
July	0.0130	0.0125	0.0127
August	0.0131	0.0124	0.0129
September	0.0132	0.0128	0.0131
October	0.0132	0.0127	0.0130
November	0.0130	0.0127	0.0129
December	0.0178	0.0130	0.0152