2011 RWF to MNT Historical Review

YEARLY HIGH

2.3090 MNT

YEARLY LOW

1.9926 MNT

YEARLY AVERAGE

2.1064 MNT

2011 RWF to MNT Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the RWF to MNT exchange rate experienced significant fluctuation. The market reached its absolute peak on December 30, valuing the pair at 2.3090. Conversely, the yearly low was recorded on March 31, dropping to 1.9926.

This high-to-low spread represents a total annual volatility of 0.3164 MNT. From a start-to-finish perspective, comparing the January average rate of 2.0938 to the December average rate of 2.2742, the exchange rate registered a net change of 8.61% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 2.3090 was down 10.63% compared to the 2010 peak of 2.5837, 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 11,545 MNT

2010 Average 11,630 MNT

Yearly Trough Low 9,963 MNT

Transaction Impact: A difference of 1,582.24 MNT purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

2.2980

2.0118

JanuMarcMayJulySeptNove

RWF to MNT 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 2.0716, compared to 2.1412 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0696 points.

H1 Avg (Jan–Jun) 2.0716

H2 Avg (Jul–Dec) 2.1412

Volatility Range Comparison

Volatility

The most volatile month in 2011 was April, with a trading range of 0.1088 MNT (High: 2.1088 / Low: 1.9999). On the other end, February was the most stable month, with a tight range of 0.0292 MNT (High: 2.1052 / Low: 2.0760).

April Spread (Volatile) ±0.1088

February Spread (Stable) ±0.0292

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 February and March, when the average rate fell by 0.0378 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0378

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 2.2742) against the same month in 2010 (average: 2.0669), the exchange rate shifted by +0.2073 (+10.03%).

2011 Avg (December) 2.2742

2010 Avg (December) 2.0669

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.1575	2.0589	2.0938
February	2.1052	2.0760	2.0895
March	2.0968	1.9926	2.0516
April	2.1088	1.9999	2.0356
May	2.1269	2.0226	2.0614
June	2.1182	2.0660	2.0979
July	2.0980	2.0605	2.0831
August	2.0981	2.0375	2.0625
September	2.1285	2.0812	2.1047
October	2.1727	2.1157	2.1468
November	2.2375	2.1528	2.1763
December	2.3090	2.2289	2.2742