YEARLY HIGH
2.9271 ETB
YEARLY LOW
2.7536 ETB
YEARLY AVERAGE
2.8460 ETB

2014 BOB to ETB Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the BOB to ETB exchange rate experienced significant fluctuation. The market reached its absolute peak on December 29, valuing the pair at 2.9271. Conversely, the yearly low was recorded on February 5, dropping to 2.7536.

This high-to-low spread represents a total annual volatility of 0.1735 ETB. From a start-to-finish perspective, comparing the January average rate of 2.7726 to the December average rate of 2.9195, the exchange rate registered a net change of 5.30% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 2.9271 was up 5.59% compared to the 2013 peak of 2.7723, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 14,636 ETB
2013 Average 13,472 ETB
Yearly Trough Low 13,768 ETB
Transaction Impact: A difference of 867.37 ETB purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

2.9342
2.7580
JanuMarcMayJulySeptNove

BOB 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 2.8037, compared to 2.8883 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0845 points.

H1 Avg (Jan–Jun) 2.8037
H2 Avg (Jul–Dec) 2.8883

Volatility Range Comparison

Volatility

The most volatile month in 2014 was February, with a trading range of 0.0427 ETB (High: 2.7964 / Low: 2.7536). On the other end, June was the most stable month, with a tight range of 0.0061 ETB (High: 2.8372 / Low: 2.8311).

February Spread (Volatile) ±0.0427
June Spread (Stable) ±0.0061

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.
Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2014: 2.9195) against the same month in 2013 (average: 2.7635), the exchange rate shifted by +0.1560 (+5.65%).

2014 Avg (December) 2.9195
2013 Avg (December) 2.7635

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7828 2.7631 2.7726
February 2.7964 2.7536 2.7853
March 2.7998 2.7764 2.7912
April 2.8295 2.8008 2.8141
May 2.8319 2.8091 2.8241
June 2.8372 2.8311 2.8350
July 2.8617 2.8371 2.8544
August 2.8762 2.8625 2.8693
September 2.8899 2.8766 2.8832
October 2.9061 2.8879 2.8962
November 2.9133 2.8998 2.9069
December 2.9271 2.9103 2.9195