YEARLY HIGH
66.0719 RWF
YEARLY LOW
59.0053 RWF
YEARLY AVERAGE
63.1814 RWF

2014 ZAR to RWF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ZAR to RWF exchange rate experienced significant fluctuation. The market reached its absolute peak on May 24, valuing the pair at 66.0719. Conversely, the yearly low was recorded on December 15, dropping to 59.0053.

This high-to-low spread represents a total annual volatility of 7.0665 RWF. From a start-to-finish perspective, comparing the January average rate of 62.5825 to the December average rate of 60.1539, the exchange rate registered a net change of -3.88% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 66.0719 was down 10.02% compared to the 2013 peak of 73.4296, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 ZAR based on timing:

Yearly Peak High 3,303,593 RWF
2013 Average 3,373,637 RWF
Yearly Trough Low 2,950,267 RWF
Transaction Impact: A difference of 353,325.43 RWF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

66.0083
59.6217
JanuMarcMayJulySeptNove

ZAR 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 63.6135, compared to 62.7493 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.8642 points.

H1 Avg (Jan–Jun) 63.6135
H2 Avg (Jul–Dec) 62.7493

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 4.1570 RWF (High: 64.3939 / Low: 60.2369). On the other end, August was the most stable month, with a tight range of 1.0836 RWF (High: 65.3378 / Low: 64.2542).

January Spread (Volatile) ±4.1570
August Spread (Stable) ±1.0836

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 2.0551 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -2.0551

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 65.4761) against the same month in 2013 (average: 69.2510), the exchange rate shifted by -3.7749 (-5.45%).

2014 Avg (May) 65.4761
2013 Avg (May) 69.2510

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 64.3939 60.2369 62.5825
February 63.3382 60.6169 61.9332
March 64.5129 62.3268 63.3144
April 65.4215 63.9771 64.5589
May 66.0719 64.6317 65.4761
June 64.4648 63.0801 63.8161
July 65.7354 63.1548 64.1466
August 65.3378 64.2542 64.7901
September 64.7563 61.0965 62.8689
October 63.5684 61.0788 62.3276
November 63.0734 60.8060 62.2090
December 62.6974 59.0053 60.1539