2014 RWF to ZAR Historical Review

YEARLY HIGH

0.0169 ZAR

YEARLY LOW

0.0151 ZAR

YEARLY AVERAGE

0.0158 ZAR

2014 RWF to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the RWF to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on December 15, valuing the pair at 0.0169. Conversely, the yearly low was recorded on May 24, dropping to 0.0151.

This high-to-low spread represents a total annual volatility of 0.0018 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.0160 to the December average rate of 0.0166, the exchange rate registered a net change of 4.04% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.0169 was up 5.98% compared to the 2013 peak of 0.0160, 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 85 ZAR

2013 Average 74 ZAR

Yearly Trough Low 76 ZAR

Transaction Impact: A difference of 9.06 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.0168

0.0151

JanuMarcMayJulySeptNove

RWF to ZAR 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 0.0157, compared to 0.0159 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0002 points.

H1 Avg (Jan–Jun) 0.0157

H2 Avg (Jul–Dec) 0.0159

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0011 ZAR (High: 0.0166 / Low: 0.0155). On the other end, August was the most stable month, with a tight range of 0.0003 ZAR (High: 0.0156 / Low: 0.0153).

January Spread (Volatile) ±0.0011

August Spread (Stable) ±0.0003

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 February and March, when the average rate fell by 0.0004 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0004

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 0.0166) against the same month in 2013 (average: 0.0154), the exchange rate shifted by +0.0013 (+8.17%).

2014 Avg (December) 0.0166

2013 Avg (December) 0.0154

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.0166	0.0155	0.0160
February	0.0165	0.0158	0.0161
March	0.0160	0.0155	0.0158
April	0.0156	0.0153	0.0155
May	0.0155	0.0151	0.0153
June	0.0159	0.0155	0.0157
July	0.0158	0.0152	0.0156
August	0.0156	0.0153	0.0154
September	0.0164	0.0154	0.0159
October	0.0164	0.0157	0.0160
November	0.0164	0.0159	0.0161
December	0.0169	0.0159	0.0166