2014 SZL to RWF Historical Review

YEARLY HIGH

66.0831 RWF

YEARLY LOW

59.0087 RWF

YEARLY AVERAGE

63.1640 RWF

2014 SZL to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the SZL to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 66.0831. Conversely, the yearly low was recorded on December 15, dropping to 59.0087.

This high-to-low spread represents a total annual volatility of 7.0744 RWF. From a start-to-finish perspective, comparing the January average rate of 62.5668 to the December average rate of 60.1245, the exchange rate registered a net change of -3.90% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 66.0831 was down 9.91% compared to the 2013 peak of 73.3491, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SZL based on timing:

Yearly Peak High 330,415 RWF

2013 Average 337,332 RWF

Yearly Trough Low 295,043 RWF

Transaction Impact: A difference of 35,372.05 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

65.9716

59.5930

JanuMarcMayJulySeptNove

SZL to RWF 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 63.5871, compared to 62.7408 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8464 points.

H1 Avg (Jan–Jun) 63.5871

H2 Avg (Jul–Dec) 62.7408

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 3.7066 RWF (High: 64.2767 / Low: 60.5701). On the other end, August was the most stable month, with a tight range of 1.0123 RWF (High: 65.3415 / Low: 64.3292).

January Spread (Volatile) ±3.7066

August Spread (Stable) ±1.0123

Growth Streaks & Declines

Trends

Between February and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 2.1093 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -2.1093

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 65.4400) against the same month in 2013 (average: 69.2555), the exchange rate shifted by -3.8154 (-5.51%).

2014 Avg (May) 65.4400

2013 Avg (May) 69.2555

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	64.2767	60.5701	62.5668
February	63.2422	60.6349	61.8532
March	64.4291	62.4131	63.3377
April	65.3731	63.9722	64.5249
May	66.0831	64.7519	65.4400
June	64.7904	63.2354	63.8002
July	65.6877	63.1029	64.1247
August	65.3415	64.3292	64.7538
September	64.7722	61.1471	62.8970
October	63.3523	61.1131	62.3108
November	63.0844	60.9185	62.2338
December	62.6111	59.0087	60.1245