2014 ARS to RWF Historical Review

YEARLY HIGH

103.7844 RWF

YEARLY LOW

80.3965 RWF

YEARLY AVERAGE

84.6673 RWF

2014 ARS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ARS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 1, valuing the pair at 103.7844. Conversely, the yearly low was recorded on November 7, dropping to 80.3965.

This high-to-low spread represents a total annual volatility of 23.3879 RWF. From a start-to-finish perspective, comparing the January average rate of 97.7248 to the December average rate of 80.9234, the exchange rate registered a net change of -17.19% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 103.7844 was down 18.79% compared to the 2013 peak of 127.7903, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 518,922 RWF

2013 Average 595,345 RWF

Yearly Trough Low 401,982 RWF

Transaction Impact: A difference of 116,939.61 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

99.4050

79.2432

JanuMarcMayJulySeptNove

ARS 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 87.2639, compared to 82.0706 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 5.1933 points.

H1 Avg (Jan–Jun) 87.2639

H2 Avg (Jul–Dec) 82.0706

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 19.2878 RWF (High: 103.7844 / Low: 84.4966). On the other end, April was the most stable month, with a tight range of 0.4552 RWF (High: 85.3045 / Low: 84.8493).

January Spread (Volatile) ±19.2878

April Spread (Stable) ±0.4552

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2014. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 11.2998 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -11.2998

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 97.7248) against the same month in 2013 (average: 125.9417), the exchange rate shifted by -28.2169 (-22.40%).

2014 Avg (January) 97.7248

2013 Avg (January) 125.9417

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	103.7844	84.4966	97.7248
February	87.5176	84.9716	86.4250
March	86.6987	84.8797	85.8496
April	85.3045	84.8493	85.0748
May	85.2640	84.3491	84.7644
June	84.3491	83.3899	83.7448
July	84.5851	83.3437	83.8581
August	83.8917	82.1678	83.1018
September	82.5395	81.4159	82.0352
October	81.9077	80.9656	81.4667
November	81.3208	80.3965	81.0386
December	81.3466	80.6180	80.9234