2014 TND to RWF Historical Review

YEARLY HIGH

434.0950 RWF

YEARLY LOW

370.0021 RWF

YEARLY AVERAGE

404.3732 RWF

2014 TND to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TND to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on March 10, valuing the pair at 434.0950. Conversely, the yearly low was recorded on December 23, dropping to 370.0021.

This high-to-low spread represents a total annual volatility of 64.0929 RWF. From a start-to-finish perspective, comparing the January average rate of 413.1244 to the December average rate of 372.3971, the exchange rate registered a net change of -9.86% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 434.0950 was up 4.55% compared to the 2013 peak of 415.1935, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 2,170,475 RWF

2013 Average 1,998,724 RWF

Yearly Trough Low 1,850,010 RWF

Transaction Impact: A difference of 320,464.51 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

437.2564

366.5008

JanuMarcMayJulySeptNove

TND 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 421.7676, compared to 386.9789 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 34.7886 points.

H1 Avg (Jan–Jun) 421.7676

H2 Avg (Jul–Dec) 386.9789

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 16.3735 RWF (High: 424.0774 / Low: 407.7039). On the other end, October was the most stable month, with a tight range of 4.7274 RWF (High: 385.0538 / Low: 380.3263).

January Spread (Volatile) ±16.3735

October Spread (Stable) ±4.7274

Growth Streaks & Declines

Trends

Between January and March, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 10.9601 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -10.9601

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (March 2014: 431.3601) against the same month in 2013 (average: 403.5956), the exchange rate shifted by +27.7645 (+6.88%).

2014 Avg (March) 431.3601

2013 Avg (March) 403.5956

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	424.0774	407.7039	413.1244
February	430.1729	422.8782	427.0562
March	434.0950	428.6017	431.3601
April	430.9175	424.5131	428.4943
May	425.7093	417.5836	420.5998
June	417.7940	403.4254	409.9706
July	404.7057	394.5118	399.7049
August	403.8872	396.5968	400.6996
September	396.2675	382.6486	389.7395
October	385.0538	380.3263	383.1045
November	379.8626	373.2145	376.2279
December	375.8622	370.0021	372.3971