2014 RWF to CDF Historical Review

YEARLY HIGH

1.3697 CDF

YEARLY LOW

1.3324 CDF

YEARLY AVERAGE

1.3487 CDF

2014 RWF to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 28, valuing the pair at 1.3697. Conversely, the yearly low was recorded on December 21, dropping to 1.3324.

This high-to-low spread represents a total annual volatility of 0.0373 CDF. From a start-to-finish perspective, comparing the January average rate of 1.3614 to the December average rate of 1.3393, the exchange rate registered a net change of -1.62% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 1.3697 was down 8.02% compared to the 2013 peak of 1.4891, 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 6,848 CDF

2013 Average 7,105 CDF

Yearly Trough Low 6,662 CDF

Transaction Impact: A difference of 186.51 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

1.3639

1.3339

JanuMarcMayJulySeptNove

RWF to CDF 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 1.3567, compared to 1.3406 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0161 points.

H1 Avg (Jan–Jun) 1.3567

H2 Avg (Jul–Dec) 1.3406

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0272 CDF (High: 1.3598 / Low: 1.3327). On the other end, August was the most stable month, with a tight range of 0.0057 CDF (High: 1.3393 / Low: 1.3335).

July Spread (Volatile) ±0.0272

August Spread (Stable) ±0.0057

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 0.0133 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0133

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2014: 1.3614) against the same month in 2013 (average: 1.4792), the exchange rate shifted by -0.1179 (-7.97%).

2014 Avg (January) 1.3614

2013 Avg (January) 1.4792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3697	1.3533	1.3614
February	1.3658	1.3532	1.3580
March	1.3617	1.3511	1.3562
April	1.3597	1.3488	1.3552
May	1.3572	1.3494	1.3536
June	1.3669	1.3436	1.3561
July	1.3598	1.3327	1.3497
August	1.3393	1.3335	1.3364
September	1.3426	1.3348	1.3379
October	1.3425	1.3345	1.3387
November	1.3514	1.3355	1.3417
December	1.3448	1.3324	1.3393