2014 MZN to RWF Historical Review

YEARLY HIGH

22.8202 RWF

YEARLY LOW

20.3868 RWF

YEARLY AVERAGE

21.9174 RWF

2014 MZN to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the MZN to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on August 6, valuing the pair at 22.8202. Conversely, the yearly low was recorded on December 22, dropping to 20.3868.

This high-to-low spread represents a total annual volatility of 2.4334 RWF. From a start-to-finish perspective, comparing the January average rate of 22.4818 to the December average rate of 20.8971, the exchange rate registered a net change of -7.05% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 22.8202 was down 0.03% compared to the 2013 peak of 22.8263, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 114,101 RWF

2013 Average 108,591 RWF

Yearly Trough Low 101,934 RWF

Transaction Impact: A difference of 12,167.08 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

22.9218

20.7130

JanuMarcMayJulySeptNove

MZN 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 21.7505, compared to 22.0844 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3338 points.

H1 Avg (Jan–Jun) 21.7505

H2 Avg (Jul–Dec) 22.0844

Volatility Range Comparison

Volatility

The most volatile month in 2014 was December, with a trading range of 1.4061 RWF (High: 21.7928 / Low: 20.3868). On the other end, August was the most stable month, with a tight range of 0.1575 RWF (High: 22.8202 / Low: 22.6627).

December Spread (Volatile) ±1.4061

August Spread (Stable) ±0.1575

Growth Streaks & Declines

Trends

Between February and April, 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 November and December, when the average rate fell by 1.1149 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -1.1149

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2014: 22.7378) against the same month in 2013 (average: 21.7209), the exchange rate shifted by +1.0168 (+4.68%).

2014 Avg (August) 22.7378

2013 Avg (August) 21.7209

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	22.7747	21.9633	22.4818
February	22.1257	20.8811	21.4611
March	21.7940	20.9466	21.4824
April	22.0284	21.5245	21.8125
May	21.9637	21.5720	21.6612
June	21.7362	21.5475	21.6042
July	22.6606	21.5937	22.0520
August	22.8202	22.6627	22.7378
September	22.8174	22.2990	22.5845
October	22.3870	22.1012	22.2228
November	22.3183	21.6921	22.0120
December	21.7928	20.3868	20.8971