2011 SAR to RWF Historical Review

YEARLY HIGH

160.2841 RWF

YEARLY LOW

156.8706 RWF

YEARLY AVERAGE

159.1499 RWF

2011 SAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the SAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 8, valuing the pair at 160.2841. Conversely, the yearly low was recorded on January 2, dropping to 156.8706.

This high-to-low spread represents a total annual volatility of 3.4135 RWF. From a start-to-finish perspective, comparing the January average rate of 158.5334 to the December average rate of 159.9546, the exchange rate registered a net change of 0.90% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 160.2841 was up 0.76% compared to the 2010 peak of 159.0707, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 801,421 RWF

2010 Average 776,054 RWF

Yearly Trough Low 784,353 RWF

Transaction Impact: A difference of 17,067.71 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

160.0967

158.3913

JanuMarcMayJulySeptNove

SAR 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 159.0574, compared to 159.2425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1851 points.

H1 Avg (Jan–Jun) 159.0574

H2 Avg (Jul–Dec) 159.2425

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.3836 RWF (High: 160.2542 / Low: 156.8706). On the other end, December was the most stable month, with a tight range of 0.5915 RWF (High: 160.2841 / Low: 159.6926).

January Spread (Volatile) ±3.3836

December Spread (Stable) ±0.5915

Growth Streaks & Declines

Trends

Between September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.1671 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1671

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 159.9546) against the same month in 2010 (average: 157.8944), the exchange rate shifted by +2.0602 (+1.30%).

2011 Avg (December) 159.9546

2010 Avg (December) 157.8944

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	160.2542	156.8706	158.5334
February	160.0763	158.6155	159.2552
March	159.3888	158.6572	159.1260
April	159.4967	158.2602	159.1668
May	159.4652	158.2719	159.0567
June	160.2794	158.2646	159.2060
July	159.5271	158.5298	159.1153
August	159.9514	157.7509	158.9482
September	159.5453	158.1268	158.8000
October	159.6573	158.1225	159.0065
November	160.2333	158.9270	159.6302
December	160.2841	159.6926	159.9546