2014 MAD to RWF Historical Review

YEARLY HIGH

84.2937 RWF

YEARLY LOW

76.1498 RWF

YEARLY AVERAGE

81.4715 RWF

2014 MAD to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MAD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 14, valuing the pair at 84.2937. Conversely, the yearly low was recorded on December 31, dropping to 76.1498.

This high-to-low spread represents a total annual volatility of 8.1439 RWF. From a start-to-finish perspective, comparing the January average rate of 82.4699 to the December average rate of 77.3563, the exchange rate registered a net change of -6.20% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 84.2937 was up 0.71% compared to the 2013 peak of 83.6976, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 421,469 RWF

2013 Average 386,510 RWF

Yearly Trough Low 380,749 RWF

Transaction Impact: A difference of 40,719.56 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

84.3112

76.7240

JanuMarcMayJulySeptNove

MAD 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 83.0432, compared to 79.8997 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 3.1435 points.

H1 Avg (Jan–Jun) 83.0432

H2 Avg (Jul–Dec) 79.8997

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 2.7469 RWF (High: 81.4645 / Low: 78.7176). On the other end, June was the most stable month, with a tight range of 0.8333 RWF (High: 82.9235 / Low: 82.0902).

September Spread (Volatile) ±2.7469

June Spread (Stable) ±0.8333

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 August and September, when the average rate fell by 2.2260 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.2260

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 83.6470) against the same month in 2013 (average: 74.5839), the exchange rate shifted by +9.0631 (+12.15%).

2014 Avg (March) 83.6470

2013 Avg (March) 74.5839

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	83.0608	81.8098	82.4699
February	83.2443	81.9674	82.6828
March	84.2937	83.0655	83.6470
April	84.0409	82.9668	83.6790
May	84.0459	82.7457	83.2774
June	82.9235	82.0902	82.5033
July	83.0568	82.1153	82.5994
August	82.9953	81.4876	82.3587
September	81.4645	78.7176	80.1327
October	79.5958	78.4547	78.9959
November	78.4760	77.1404	77.9553
December	78.4733	76.1498	77.3563