2014 RWF to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 RWF to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the RWF to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 39.3214. Conversely, the yearly low was recorded on January 9, dropping to 36.1420.
This high-to-low spread represents a total annual volatility of 3.1794 IRR. From a start-to-finish perspective, comparing the January average rate of 36.4568 to the December average rate of 38.9041, the exchange rate registered a net change of 6.71% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 39.3214 was up 1.74% compared to the 2013 peak of 38.6505, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 RWF based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2014.
RWF to IRR 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 36.9937, compared to 38.4421 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.4484 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was December, with a trading range of 0.6273 IRR (High: 39.3214 / Low: 38.6941). On the other end, May was the most stable month, with a tight range of 0.1654 IRR (High: 37.5119 / Low: 37.3464).
Growth Streaks & Declines
TrendsBetween January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2014: 38.9041) against the same month in 2013 (average: 36.7431), the exchange rate shifted by +2.1610 (+5.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 36.7121 | 36.1420 | 36.4568 |
| February | 36.7680 | 36.4014 | 36.5751 |
| March | 37.1327 | 36.5257 | 36.7347 |
| April | 37.4602 | 37.0950 | 37.1808 |
| May | 37.5119 | 37.3464 | 37.4366 |
| June | 37.6656 | 37.4786 | 37.5781 |
| July | 38.0259 | 37.5834 | 37.7690 |
| August | 38.4732 | 37.9288 | 38.1578 |
| September | 38.6456 | 38.3187 | 38.5127 |
| October | 38.8306 | 38.4058 | 38.5807 |
| November | 39.0037 | 38.4368 | 38.7282 |
| December | 39.3214 | 38.6941 | 38.9041 |