2014 RWF to BIF Historical Review

YEARLY HIGH

2.2978 BIF

YEARLY LOW

2.2156 BIF

YEARLY AVERAGE

2.2670 BIF

2014 RWF to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on February 7, valuing the pair at 2.2978. Conversely, the yearly low was recorded on October 5, dropping to 2.2156.

This high-to-low spread represents a total annual volatility of 0.0822 BIF. From a start-to-finish perspective, comparing the January average rate of 2.2813 to the December average rate of 2.2634, the exchange rate registered a net change of -0.78% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.2978 was down 9.33% compared to the 2013 peak of 2.5343, 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 11,489 BIF

2013 Average 11,935 BIF

Yearly Trough Low 11,078 BIF

Transaction Impact: A difference of 410.95 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.2876

2.2396

JanuMarcMayJulySeptNove

RWF to BIF 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 2.2775, compared to 2.2565 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0210 points.

H1 Avg (Jan–Jun) 2.2775

H2 Avg (Jul–Dec) 2.2565

Volatility Range Comparison

Volatility

The most volatile month in 2014 was October, with a trading range of 0.0652 BIF (High: 2.2808 / Low: 2.2156). On the other end, May was the most stable month, with a tight range of 0.0208 BIF (High: 2.2808 / Low: 2.2600).

October Spread (Volatile) ±0.0652

May Spread (Stable) ±0.0208

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0219 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0219

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2014: 2.2836) against the same month in 2013 (average: 2.5043), the exchange rate shifted by -0.2207 (-8.81%).

2014 Avg (February) 2.2836

2013 Avg (February) 2.5043

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.2932	2.2696	2.2813
February	2.2978	2.2630	2.2836
March	2.2917	2.2669	2.2818
April	2.2858	2.2649	2.2750
May	2.2808	2.2600	2.2712
June	2.2857	2.2626	2.2724
July	2.2883	2.2288	2.2655
August	2.2522	2.2276	2.2436
September	2.2586	2.2311	2.2436
October	2.2808	2.2156	2.2580
November	2.2811	2.2513	2.2649
December	2.2831	2.2423	2.2634