2014 JOD to RWF Historical Review

YEARLY HIGH

981.4282 RWF

YEARLY LOW

954.5739 RWF

YEARLY AVERAGE

967.2514 RWF

2014 JOD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the JOD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 7, valuing the pair at 981.4282. Conversely, the yearly low was recorded on January 4, dropping to 954.5739.

This high-to-low spread represents a total annual volatility of 26.8543 RWF. From a start-to-finish perspective, comparing the January average rate of 960.3149 to the December average rate of 976.3962, the exchange rate registered a net change of 1.67% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 981.4282 was up 1.63% compared to the 2013 peak of 965.6701, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 4,907,141 RWF

2013 Average 4,586,967 RWF

Yearly Trough Low 4,772,870 RWF

Transaction Impact: A difference of 134,271.65 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

978.0220

958.5123

JanuMarcMayJulySeptNove

JOD 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 960.9798, compared to 973.5230 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 12.5432 points.

H1 Avg (Jan–Jun) 960.9798

H2 Avg (Jul–Dec) 973.5230

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 19.3903 RWF (High: 976.7146 / Low: 957.3243). On the other end, August was the most stable month, with a tight range of 3.9204 RWF (High: 978.3152 / Low: 974.3948).

July Spread (Volatile) ±19.3903

August Spread (Stable) ±3.9204

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 1.5055 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.5055

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 976.3962) against the same month in 2013 (average: 952.6060), the exchange rate shifted by +23.7902 (+2.50%).

2014 Avg (December) 976.3962

2013 Avg (December) 952.6060

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	964.3218	954.5739	960.3149
February	965.2888	956.6652	960.1381
March	965.1822	958.0004	961.7649
April	963.5084	958.9428	961.3960
May	964.4947	959.4652	961.7337
June	963.2435	958.1539	960.5313
July	976.7146	957.3243	965.1515
August	978.3152	974.3948	975.8385
September	978.8978	971.8143	974.3330
October	978.3603	966.8337	973.9077
November	980.7471	964.0116	975.5110
December	981.4282	971.4788	976.3962