2014 HNL to RWF Historical Review

YEARLY HIGH

35.7735 RWF

YEARLY LOW

32.1586 RWF

YEARLY AVERAGE

33.5953 RWF

2014 HNL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the HNL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 29, valuing the pair at 35.7735. Conversely, the yearly low was recorded on November 8, dropping to 32.1586.

This high-to-low spread represents a total annual volatility of 3.6149 RWF. From a start-to-finish perspective, comparing the January average rate of 33.8507 to the December average rate of 32.7831, the exchange rate registered a net change of -3.15% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 35.7735 was up 4.55% compared to the 2013 peak of 34.2181, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 178,868 RWF

2013 Average 161,735 RWF

Yearly Trough Low 160,793 RWF

Transaction Impact: A difference of 18,074.43 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

35.8544

32.1726

JanuMarcMayJulySeptNove

HNL 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 34.5232, compared to 32.6673 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.8559 points.

H1 Avg (Jan–Jun) 34.5232

H2 Avg (Jul–Dec) 32.6673

Volatility Range Comparison

Volatility

The most volatile month in 2014 was May, with a trading range of 2.8210 RWF (High: 35.7735 / Low: 32.9525). On the other end, September was the most stable month, with a tight range of 0.1377 RWF (High: 32.7795 / Low: 32.6418).

May Spread (Volatile) ±2.8210

September Spread (Stable) ±0.1377

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 2.8136 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.8136

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 35.4828) against the same month in 2013 (average: 33.3375), the exchange rate shifted by +2.1452 (+6.43%).

2014 Avg (May) 35.4828

2013 Avg (May) 33.3375

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	34.1674	33.3528	33.8507
February	34.7272	34.0498	34.4006
March	35.4421	34.7126	35.1885
April	35.7029	35.3457	35.5476
May	35.7735	32.9525	35.4828
June	32.9487	32.4331	32.6692
July	33.0361	32.3557	32.6283
August	33.0600	32.7250	32.8797
September	32.7795	32.6418	32.7140
October	32.7793	32.3975	32.5195
November	32.6573	32.1586	32.4794
December	33.0005	32.5430	32.7831