2014 ALL to ETB Historical Review

YEARLY HIGH

0.1940 ETB

YEARLY LOW

0.1751 ETB

YEARLY AVERAGE

0.1866 ETB

2014 ALL to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the ALL to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on May 6, valuing the pair at 0.1940. Conversely, the yearly low was recorded on December 31, dropping to 0.1751.

This high-to-low spread represents a total annual volatility of 0.0189 ETB. From a start-to-finish perspective, comparing the January average rate of 0.1857 to the December average rate of 0.1773, the exchange rate registered a net change of -4.52% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.1940 was up 2.67% compared to the 2013 peak of 0.1889, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 970 ETB

2013 Average 886 ETB

Yearly Trough Low 876 ETB

Transaction Impact: A difference of 94.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.1933

0.1758

JanuMarcMayJulySeptNove

ALL 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 0.1894, compared to 0.1838 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0056 points.

H1 Avg (Jan–Jun) 0.1894

H2 Avg (Jul–Dec) 0.1838

Volatility Range Comparison

Volatility

The most volatile month in 2014 was September, with a trading range of 0.0072 ETB (High: 0.1875 / Low: 0.1803). On the other end, July was the most stable month, with a tight range of 0.0012 ETB (High: 0.1915 / Low: 0.1904).

September Spread (Volatile) ±0.0072

July Spread (Stable) ±0.0012

Growth Streaks & Declines

Trends

Between January and April, 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 August and September, when the average rate fell by 0.0060 points.

Longest Streak 3 Mo.

Sharpest MoM Drop -0.0060

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.1914) against the same month in 2013 (average: 0.1716), the exchange rate shifted by +0.0198 (+11.55%).

2014 Avg (May) 0.1914

2013 Avg (May) 0.1716

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1872	0.1844	0.1857
February	0.1898	0.1832	0.1871
March	0.1912	0.1885	0.1901
April	0.1934	0.1905	0.1919
May	0.1940	0.1900	0.1914
June	0.1910	0.1893	0.1901
July	0.1915	0.1904	0.1909
August	0.1908	0.1878	0.1896
September	0.1875	0.1803	0.1836
October	0.1837	0.1797	0.1820
November	0.1817	0.1780	0.1794
December	0.1799	0.1751	0.1773