2014 BND to RWF Historical Review

YEARLY HIGH

556.8502 RWF

YEARLY LOW

520.7691 RWF

YEARLY AVERAGE

540.5288 RWF

2014 BND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 24, valuing the pair at 556.8502. Conversely, the yearly low was recorded on December 31, dropping to 520.7691.

This high-to-low spread represents a total annual volatility of 36.0811 RWF. From a start-to-finish perspective, comparing the January average rate of 533.5273 to the December average rate of 525.2554, the exchange rate registered a net change of -1.55% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 556.8502 was up 2.25% compared to the 2013 peak of 544.6134, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,784,251 RWF

2013 Average 2,596,689 RWF

Yearly Trough Low 2,603,846 RWF

Transaction Impact: A difference of 180,405.41 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

555.9656

522.4635

JanuMarcMayJulySeptNove

BND 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 539.5626, compared to 541.4949 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.9323 points.

H1 Avg (Jan–Jun) 539.5626

H2 Avg (Jul–Dec) 541.4949

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 11.7427 RWF (High: 552.6766 / Low: 540.9339). On the other end, October was the most stable month, with a tight range of 3.1816 RWF (High: 543.1778 / Low: 539.9962).

September Spread (Volatile) ±11.7427

October Spread (Stable) ±3.1816

Growth Streaks & Declines

Trends

Between January and May, 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 October and November, when the average rate fell by 9.1154 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -9.1154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (July 2014: 550.0008) against the same month in 2013 (average: 512.5835), the exchange rate shifted by +37.4173 (+7.30%).

2014 Avg (July) 550.0008

2013 Avg (July) 512.5835

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	537.0547	529.5754	533.5273
February	539.9817	532.3653	536.2446
March	540.3397	532.7430	537.0024
April	545.5886	538.2961	542.4691
May	545.8205	542.5494	544.1199
June	545.8863	541.2234	544.0122
July	556.8502	545.6334	550.0008
August	555.2035	551.5194	553.1737
September	552.6766	540.9339	546.3207
October	543.1778	539.9962	541.6672
November	538.9584	528.7952	532.5518
December	530.7455	520.7691	525.2554