2014 RWF to MGA Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2014.
2014 RWF to MGA Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2014
During 2014, the RWF to MGA exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 3.9719. Conversely, the yearly low was recorded on January 2, dropping to 3.3101.
This high-to-low spread represents a total annual volatility of 0.6618 MGA. From a start-to-finish perspective, comparing the January average rate of 3.3386 to the December average rate of 3.7602, the exchange rate registered a net change of 12.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2014 high of 3.9719 was up 8.99% compared to the 2013 peak of 3.6444, 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 MGA 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 3.4490, compared to 3.7681 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.3191 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2014 was September, with a trading range of 0.1878 MGA (High: 3.8560 / Low: 3.6682). On the other end, April was the most stable month, with a tight range of 0.0600 MGA (High: 3.4968 / Low: 3.4368).
Growth Streaks & Declines
TrendsBetween January and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 10 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.1688 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2014: 3.9289) against the same month in 2013 (average: 3.3286), the exchange rate shifted by +0.6003 (+18.04%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 3.3772 | 3.3101 | 3.3386 |
| February | 3.4543 | 3.3755 | 3.4209 |
| March | 3.4862 | 3.4169 | 3.4491 |
| April | 3.4968 | 3.4368 | 3.4636 |
| May | 3.5260 | 3.4638 | 3.4886 |
| June | 3.5788 | 3.4634 | 3.5335 |
| July | 3.6505 | 3.5606 | 3.5938 |
| August | 3.6952 | 3.5757 | 3.6513 |
| September | 3.8560 | 3.6682 | 3.7662 |
| October | 3.9524 | 3.8533 | 3.9081 |
| November | 3.9719 | 3.8733 | 3.9289 |
| December | 3.8652 | 3.7020 | 3.7602 |