2014 ETB to RWF Historical Review

YEARLY HIGH

35.7551 RWF

YEARLY LOW

34.1012 RWF

YEARLY AVERAGE

34.8224 RWF

2014 ETB to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ETB to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 5, valuing the pair at 35.7551. Conversely, the yearly low was recorded on December 31, dropping to 34.1012.

This high-to-low spread represents a total annual volatility of 1.6538 RWF. From a start-to-finish perspective, comparing the January average rate of 35.4252 to the December average rate of 34.2713, the exchange rate registered a net change of -3.26% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 35.7551 was up 0.50% compared to the 2013 peak of 35.5779, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178,775 RWF

2013 Average 173,551 RWF

Yearly Trough Low 170,506 RWF

Transaction Impact: A difference of 8,269.20 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

35.5406

34.1560

JanuMarcMayJulySeptNove

ETB 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 35.1050, compared to 34.5399 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5651 points.

H1 Avg (Jan–Jun) 35.1050

H2 Avg (Jul–Dec) 34.5399

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.6420 RWF (High: 35.7551 / Low: 35.1131). On the other end, June was the most stable month, with a tight range of 0.1713 RWF (High: 34.8434 / Low: 34.6721).

February Spread (Volatile) ±0.6420

June Spread (Stable) ±0.1713

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 March and April, when the average rate fell by 0.2570 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.2570

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 35.2956) against the same month in 2013 (average: 34.0170), the exchange rate shifted by +1.2786 (+3.76%).

2014 Avg (February) 35.2956

2013 Avg (February) 34.0170

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	35.6034	35.1887	35.4252
February	35.7551	35.1131	35.2956
March	35.5162	35.0758	35.2581
April	35.0858	34.8160	35.0011
May	35.0837	34.8016	34.9066
June	34.8434	34.6721	34.7434
July	34.9648	34.4315	34.6605
August	34.9556	34.7387	34.8327
September	34.7253	34.5349	34.6297
October	34.6712	34.4245	34.5001
November	34.4584	34.1335	34.3450
December	34.3773	34.1012	34.2713