2014 NZD to RWF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 NZD to RWF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the NZD to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on July 9, valuing the pair at 600.1742. Conversely, the yearly low was recorded on December 8, dropping to 529.0474.
This high-to-low spread represents a total annual volatility of 71.1268 RWF. From a start-to-finish perspective, comparing the January average rate of 561.3428 to the December average rate of 536.6290, the exchange rate registered a net change of -4.40% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2014 high of 600.1742 was up 5.13% compared to the 2013 peak of 570.9048, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
NZD to RWF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 577.2902, compared to 559.6365 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 17.6537 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 43.0443 RWF (High: 579.3467 / Low: 536.3024). On the other end, April was the most stable month, with a tight range of 10.8161 RWF (High: 592.9003 / Low: 582.0842).
Growth Streaks & Declines
TrendsBetween 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 20.9571 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2014: 593.9072) against the same month in 2013 (average: 512.4284), the exchange rate shifted by +81.4788 (+15.90%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 568.8975 | 550.2989 | 561.3428 |
| February | 569.5252 | 550.7314 | 562.7131 |
| March | 590.4099 | 568.7847 | 580.0365 |
| April | 592.9003 | 582.0842 | 586.2193 |
| May | 592.8089 | 579.3883 | 586.0380 |
| June | 597.0809 | 573.2709 | 587.3914 |
| July | 600.1742 | 586.6633 | 593.9072 |
| August | 589.5864 | 575.0558 | 582.5833 |
| September | 579.3467 | 536.3024 | 561.6262 |
| October | 550.7521 | 535.9329 | 542.7589 |
| November | 547.4727 | 530.3342 | 540.3143 |
| December | 543.1897 | 529.0474 | 536.6290 |