2014 RWF to NGN Historical Review

YEARLY HIGH

0.2680 NGN

YEARLY LOW

0.2329 NGN

YEARLY AVERAGE

0.2411 NGN

2014 RWF to NGN Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to NGN exchange rate experienced significant fluctuation. The market reached its absolute peak on December 23, valuing the pair at 0.2680. Conversely, the yearly low was recorded on August 5, dropping to 0.2329.

This high-to-low spread represents a total annual volatility of 0.0351 NGN. From a start-to-finish perspective, comparing the January average rate of 0.2358 to the December average rate of 0.2632, the exchange rate registered a net change of 11.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.2680 was up 5.66% compared to the 2013 peak of 0.2536, 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 1,340 NGN

2013 Average 1,226 NGN

Yearly Trough Low 1,165 NGN

Transaction Impact: A difference of 175.25 NGN purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.2661

0.2317

JanuMarcMayJulySeptNove

RWF to NGN 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 0.2391, compared to 0.2432 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0041 points.

H1 Avg (Jan–Jun) 0.2391

H2 Avg (Jul–Dec) 0.2432

Volatility Range Comparison

Volatility

The most volatile month in 2014 was November, with a trading range of 0.0182 NGN (High: 0.2579 / Low: 0.2397). On the other end, March was the most stable month, with a tight range of 0.0024 NGN (High: 0.2435 / Low: 0.2411).

November Spread (Volatile) ±0.0182

March Spread (Stable) ±0.0024

Growth Streaks & Declines

Trends

Between August and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0039 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0039

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.2632) against the same month in 2013 (average: 0.2361), the exchange rate shifted by +0.0272 (+11.51%).

2014 Avg (December) 0.2632

2013 Avg (December) 0.2361

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2405	0.2340	0.2358
February	0.2444	0.2386	0.2413
March	0.2435	0.2411	0.2422
April	0.2427	0.2357	0.2382
May	0.2397	0.2330	0.2374
June	0.2411	0.2384	0.2396
July	0.2397	0.2341	0.2373
August	0.2357	0.2329	0.2346
September	0.2378	0.2350	0.2363
October	0.2395	0.2367	0.2385
November	0.2579	0.2397	0.2489
December	0.2680	0.2602	0.2632