FOREIGN EXCHANGE (FOREX) DATA ANALYSIS WITH FINDAP

Rwandan central Bank (BNR -Banque Nationale du Rwanda) publishes on a daily basis data about the foreign exchange rates of the Rwandan Franc versus other key international currencies.

FINDAP provides:

  • AUTOMATED TOOLS that help to SPEED UP DOWNLOAD of forex data and
  • a METHODOLOGICAL APPROACH to proceed with necessary corrections of errors
  • EFFICIENT REGULAR, INTERACTIVE & MULTICRITERIA ANALYSIS of forex data
FINDAP FOREX ANALYSIS help many stakeholders to take data informed financial decisions.
Some examples include:
  • Choosing financing currency: Rwanda based companies that, for their foreign borrowing, were advised and made choice to borrow in EUR or GBP (instead of USD) are making noticeable profits on forex
EXAMPLE OF A SIMPLIFIED TEMPLATE FOR FOREX ANALYSIS