2014 AFN to ETB Historical Review

YEARLY HIGH

0.3554 ETB

YEARLY LOW

0.3355 ETB

YEARLY AVERAGE

0.3451 ETB

2014 AFN to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the AFN to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on September 4, valuing the pair at 0.3554. Conversely, the yearly low was recorded on January 27, dropping to 0.3355.

This high-to-low spread represents a total annual volatility of 0.0199 ETB. From a start-to-finish perspective, comparing the January average rate of 0.3407 to the December average rate of 0.3479, the exchange rate registered a net change of 2.11% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.3554 was down 1.00% compared to the 2013 peak of 0.3590, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 1,777 ETB

2013 Average 1,710 ETB

Yearly Trough Low 1,677 ETB

Transaction Impact: A difference of 99.70 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.3535

0.3375

JanuMarcMayJulySeptNove

AFN to ETB 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 0.3409, compared to 0.3492 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0083 points.

H1 Avg (Jan–Jun) 0.3409

H2 Avg (Jul–Dec) 0.3492

Volatility Range Comparison

Volatility

The most volatile month in 2014 was July, with a trading range of 0.0114 ETB (High: 0.3525 / Low: 0.3412). On the other end, March was the most stable month, with a tight range of 0.0028 ETB (High: 0.3406 / Low: 0.3377).

July Spread (Volatile) ±0.0114

March Spread (Stable) ±0.0028

Growth Streaks & Declines

Trends

Between March and May, 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 May and June, when the average rate fell by 0.0022 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0022

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2014: 0.3512) against the same month in 2013 (average: 0.3363), the exchange rate shifted by +0.0148 (+4.41%).

2014 Avg (September) 0.3512

2013 Avg (September) 0.3363

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.3427	0.3355	0.3407
February	0.3408	0.3366	0.3392
March	0.3406	0.3377	0.3388
April	0.3472	0.3391	0.3424
May	0.3471	0.3411	0.3433
June	0.3434	0.3367	0.3411
July	0.3525	0.3412	0.3468
August	0.3537	0.3477	0.3522
September	0.3554	0.3483	0.3512
October	0.3518	0.3461	0.3493
November	0.3502	0.3457	0.3480
December	0.3492	0.3463	0.3479