2014 CDF to RWF Historical Review

YEARLY HIGH

0.7505 RWF

YEARLY LOW

0.7301 RWF

YEARLY AVERAGE

0.7415 RWF

2014 CDF to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the CDF to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 21, valuing the pair at 0.7505. Conversely, the yearly low was recorded on January 28, dropping to 0.7301.

This high-to-low spread represents a total annual volatility of 0.0204 RWF. From a start-to-finish perspective, comparing the January average rate of 0.7346 to the December average rate of 0.7466, the exchange rate registered a net change of 1.64% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.7505 was up 1.86% compared to the 2013 peak of 0.7368, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 3,753 RWF

2013 Average 3,521 RWF

Yearly Trough Low 3,651 RWF

Transaction Impact: A difference of 102.21 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.7497

0.7332

JanuMarcMayJulySeptNove

CDF 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 0.7371, compared to 0.7459 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0089 points.

H1 Avg (Jan–Jun) 0.7371

H2 Avg (Jul–Dec) 0.7459

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0150 RWF (High: 0.7504 / Low: 0.7354). On the other end, August was the most stable month, with a tight range of 0.0032 RWF (High: 0.7499 / Low: 0.7467).

July Spread (Volatile) ±0.0150

August Spread (Stable) ±0.0032

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 0.0017 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0017

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.7466) against the same month in 2013 (average: 0.7302), the exchange rate shifted by +0.0164 (+2.25%).

2014 Avg (December) 0.7466

2013 Avg (December) 0.7302

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.7389	0.7301	0.7346
February	0.7390	0.7322	0.7364
March	0.7401	0.7344	0.7374
April	0.7414	0.7354	0.7379
May	0.7411	0.7368	0.7387
June	0.7443	0.7316	0.7374
July	0.7504	0.7354	0.7409
August	0.7499	0.7467	0.7483
September	0.7492	0.7448	0.7474
October	0.7493	0.7449	0.7470
November	0.7488	0.7400	0.7453
December	0.7505	0.7436	0.7466