2014 RWF to ARS Historical Review

YEARLY HIGH

0.0124 ARS

YEARLY LOW

0.0096 ARS

YEARLY AVERAGE

0.0118 ARS

2014 RWF to ARS Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to ARS exchange rate experienced significant fluctuation. The market reached its absolute peak on November 7, valuing the pair at 0.0124. Conversely, the yearly low was recorded on January 1, dropping to 0.0096.

This high-to-low spread represents a total annual volatility of 0.0028 ARS. From a start-to-finish perspective, comparing the January average rate of 0.0103 to the December average rate of 0.0124, the exchange rate registered a net change of 20.08% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0124 was up 29.20% compared to the 2013 peak of 0.0096, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 62 ARS

2013 Average 42 ARS

Yearly Trough Low 48 ARS

Transaction Impact: A difference of 14.01 ARS purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0126

0.0101

JanuMarcMayJulySeptNove

RWF to ARS 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 0.0115, compared to 0.0122 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0007 points.

H1 Avg (Jan–Jun) 0.0115

H2 Avg (Jul–Dec) 0.0122

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0022 ARS (High: 0.0118 / Low: 0.0096). On the other end, April was the most stable month, with a tight range of 0.0001 ARS (High: 0.0118 / Low: 0.0117).

January Spread (Volatile) ±0.0022

April Spread (Stable) ±0.0001

Growth Streaks & Declines

Trends

Between January and June, 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 June and July, when the average rate fell by 0.0000 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2014: 0.0123) against the same month in 2013 (average: 0.0089), the exchange rate shifted by +0.0034 (+38.06%).

2014 Avg (November) 0.0123

2013 Avg (November) 0.0089

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0118	0.0096	0.0103
February	0.0118	0.0114	0.0116
March	0.0118	0.0115	0.0116
April	0.0118	0.0117	0.0118
May	0.0119	0.0117	0.0118
June	0.0120	0.0119	0.0119
July	0.0120	0.0118	0.0119
August	0.0122	0.0119	0.0120
September	0.0123	0.0121	0.0122
October	0.0124	0.0122	0.0123
November	0.0124	0.0123	0.0123
December	0.0124	0.0123	0.0124