2011 VEF to RWF Historical Review

YEARLY HIGH

139.9785 RWF

YEARLY LOW

136.7957 RWF

YEARLY AVERAGE

138.9235 RWF

2011 VEF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the VEF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 12, valuing the pair at 139.9785. Conversely, the yearly low was recorded on January 2, dropping to 136.7957.

This high-to-low spread represents a total annual volatility of 3.1828 RWF. From a start-to-finish perspective, comparing the January average rate of 138.3638 to the December average rate of 139.6633, the exchange rate registered a net change of 0.94% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 139.9785 was down 47.38% compared to the 2010 peak of 266.0131, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 699,893 RWF

2010 Average 695,512 RWF

Yearly Trough Low 683,979 RWF

Transaction Impact: A difference of 15,913.99 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

139.7933

138.2338

JanuMarcMayJulySeptNove

VEF 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 138.8353, compared to 139.0118 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1764 points.

H1 Avg (Jan–Jun) 138.8353

H2 Avg (Jul–Dec) 139.0118

Volatility Range Comparison

Volatility

The most volatile month in 2011 was January, with a trading range of 3.1396 RWF (High: 139.9353 / Low: 136.7957). On the other end, March was the most stable month, with a tight range of 0.6407 RWF (High: 139.1825 / Low: 138.5418).

January Spread (Volatile) ±3.1396

March Spread (Stable) ±0.6407

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 0.1461 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.1461

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2011: 139.6633) against the same month in 2010 (average: 137.8202), the exchange rate shifted by +1.8432 (+1.34%).

2011 Avg (December) 139.6633

2010 Avg (December) 137.8202

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	139.9353	136.7957	138.3638
February	139.7800	138.3321	139.0076
March	139.1825	138.5418	138.9066
April	139.2732	138.1934	138.9326
May	139.2425	138.0305	138.8273
June	139.9573	138.1951	138.9739
July	139.3004	138.2575	138.9036
August	139.6663	137.7512	138.7576
September	139.3228	137.9068	138.6190
October	139.4169	138.0785	138.7878
November	139.9615	138.7774	139.3392
December	139.9785	139.2719	139.6633