2014 ILS to RWF Historical Review

YEARLY HIGH

202.6587 RWF

YEARLY LOW

173.3825 RWF

YEARLY AVERAGE

191.7443 RWF

2014 ILS to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ILS to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 4, valuing the pair at 202.6587. Conversely, the yearly low was recorded on December 6, dropping to 173.3825.

This high-to-low spread represents a total annual volatility of 29.2763 RWF. From a start-to-finish perspective, comparing the January average rate of 194.3577 to the December average rate of 175.8832, the exchange rate registered a net change of -9.51% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 202.6587 was up 3.49% compared to the 2013 peak of 195.8338, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,013,294 RWF

2013 Average 900,681 RWF

Yearly Trough Low 866,912 RWF

Transaction Impact: A difference of 146,381.41 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

202.0612

173.5033

JanuMarcMayJulySeptNove

ILS 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 195.4592, compared to 188.0294 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 7.4298 points.

H1 Avg (Jan–Jun) 195.4592

H2 Avg (Jul–Dec) 188.0294

Volatility Range Comparison

Volatility

The most volatile month in 2014 was August, with a trading range of 9.3024 RWF (High: 202.6587 / Low: 193.3564). On the other end, April was the most stable month, with a tight range of 1.4535 RWF (High: 196.5098 / Low: 195.0563).

August Spread (Volatile) ±9.3024

April Spread (Stable) ±1.4535

Growth Streaks & Declines

Trends

Between February and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 7.5366 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -7.5366

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 197.4482) against the same month in 2013 (average: 181.3409), the exchange rate shifted by +16.1072 (+8.88%).

2014 Avg (August) 197.4482

2013 Avg (August) 181.3409

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	195.5708	192.5181	194.3577
February	194.2217	191.6063	193.1988
March	196.8790	194.1793	195.6035
April	196.5098	195.0563	195.8975
May	197.6290	195.3628	196.5900
June	198.7364	195.5197	197.1077
July	202.0938	197.7228	199.6814
August	202.6587	193.3564	197.4482
September	193.4335	187.2644	189.9116
October	188.3673	182.2697	185.2367
November	182.4490	177.6364	180.0153
December	177.3680	173.3825	175.8832