2014 RWF to STD Historical Review

YEARLY HIGH

29.1849 STD

YEARLY LOW

25.7734 STD

YEARLY AVERAGE

26.9702 STD

2014 RWF to STD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to STD exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 29.1849. Conversely, the yearly low was recorded on May 8, dropping to 25.7734.

This high-to-low spread represents a total annual volatility of 3.4115 STD. From a start-to-finish perspective, comparing the January average rate of 26.5185 to the December average rate of 28.7872, the exchange rate registered a net change of 8.56% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 29.1849 was down 3.14% compared to the 2013 peak of 30.1315, 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 145,925 STD

2013 Average 142,330 STD

Yearly Trough Low 128,867 STD

Transaction Impact: A difference of 17,057.66 STD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

29.0599

25.7877

JanuMarcMayJulySeptNove

RWF to STD 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 26.2979, compared to 27.6425 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3446 points.

H1 Avg (Jan–Jun) 26.2979

H2 Avg (Jul–Dec) 27.6425

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 1.0538 STD (High: 28.0613 / Low: 27.0075). On the other end, June was the most stable month, with a tight range of 0.2651 STD (High: 26.6395 / Low: 26.3744).

September Spread (Volatile) ±1.0538

June Spread (Stable) ±0.2651

Growth Streaks & Declines

Trends

Between July and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between February and March, when the average rate fell by 0.3792 points.

Longest Streak 5 Mo.

Sharpest MoM Drop -0.3792

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 28.7872) against the same month in 2013 (average: 26.5899), the exchange rate shifted by +2.1974 (+8.26%).

2014 Avg (December) 28.7872

2013 Avg (December) 26.5899

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	26.7290	26.3405	26.5185
February	26.7154	25.9788	26.4396
March	26.2742	25.7999	26.0604
April	26.3423	25.9098	26.0779
May	26.4202	25.7734	26.2037
June	26.6395	26.3744	26.4876
July	26.7210	26.2732	26.4266
August	26.9414	26.4329	26.6371
September	28.0613	27.0075	27.5021
October	28.2790	27.7475	28.0029
November	28.8412	28.2776	28.4991
December	29.1849	28.3096	28.7872